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Micro Credit Lending
Fifty
women gathered in Cam Nghia commune, Cam Lo District, in June 2002
to each receive approximately $170 USD in micro-credit loans,
thereby launching a revolving micro-credit lending program sponsored by
PeaceTrees Vietnam
and the Quang Tri Province Women's Union.
This program provides small, 5-year loans to support family-based
economic production;
for example, to purchase livestock or agricultural supplies for
income-earning ventures.
This program is designed to help families increase their earning
potential
and enjoy a better way of life. The next fifty families, in the Trung
Hai commune,
received similar loans later that same year.
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