Bloom Microventures Vietnam
Bloom Microventures pioneers a model that harnesses the power of pro-poor tourism and microcredit in poverty reduction.
Bloom Microventures is a non-governmental, non-profit organisation established in the United Kingdom and has been operating in Vietnam since 2011.
1. MICROCREDIT PROGRAM
The program is dedicated to providing small-scale women farmers with access to capital and financial education to invest in on-farm or off-farm activities that generate additional income and enhance their livelihoods. The capital is lent to farmers on a non-collateral, low-interest basis.
The goal of the program is to improve farmers' resilience by encouraging income diversification and farm cash-flow management.
2. PRO-POOR TOURISM PROGRAM
The program is an initiative to leverage the vastly untapped revenue from tourism for poverty reduction. It includes the design and operation of tours that generate benefits to local communities where tourism takes place.
We pioneer a tour product called Microcredit Day Tour. The Tour offers an off-the-beaten-path adventure that gives insight into various aspects of rural livelihoods. The Tour entails giving guests a unique opportunity to see how they can contribute to the improvement of a local woman’s livelihood with a microloan funded by their tour fees.
3. MICROCREDIT PLUS PROGRAM
In line with our mission to address barriers to income generation and sustainable livelihoods in marginalised communities, Bloom Microventures is committed to going beyond providing microcredit by integrating it with a number of Microcredit Plus initiatives in accordance with community needs. These initiatives aim at tackling issues with regard to market access, health, education, water and sanitation, which could trap communities in persistent poverty.
4. WORKSHOP PROGRAM
The program is inspired by the enriched learning opportunity that the team at Bloom Microventures have had as we grow along with the communities we support. The program consists of a series of workshops and field trips that cover a wide range of topics in poverty reduction, microcredit, and social entrepreneurship with a strong focus on project management. It revolves around diverse case studies of actual happenings in the fields, group discussions, teamwork, and off-the-beaten-path fun!
Bloom Microventures is committed to assisting small-scale women farmers to harness their own capabilities by facilitating access to resources to invest, produce, and participate in markets.
Registered as non-profit organization
Charity Licence in the UK: 1136785
International NGO Licence in Vietnam: 181/BNG-HD
Current events and visiting opportunities
The Microcredit Day Tour gives guests a sneak peek into Vietnam rural livelihoods and funds a microcredit loan to a pre-screened farmer in need.
A day trip that gives a sneak peek into the practical work behind microcredit as a concept and as carried out by our microcredit loan officers.