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USAID Blog Examines How Microloan Program Supports People Living With HIV In Vietnam « » The Henry J. Kaiser Family Foundation

USAID Blog Examines How Microloan Program Supports People Living With HIV In Vietnam

Writing in USAID’s “IMPACTblog,” Nguyen Thac Phuong, a communications specialist for USAID in Vietnam, examines how M7/CFRC, “a microfinance service provider supported by the USAID HIV Workplace Project,” is helping support people living with HIV/AIDS in the country. “Since 2008, the project, funded under [PEPFAR], has helped 1,400 people living with or affected by HIV in Vietnam,” Nguyen notes, adding, “With microloans from the project, people [living with HIV] have found jobs and realized their dreams of running their own businesses. The success of the microfinance model for people living with HIV has encouraged local microloan providers to commit $1 million in loans to this target group” (9/3).