2006-2009: Achieving Financial Stability

23/11/2017

2005: TYM and the Vietnam Women’s Union entered into a strategic partnership agreement with the German Savings Bank Foundation for International Cooperation and the Center for Agriculture and Rural Development (CARD) of the Philippines.

2006: TYM was officially recognized as a revenue-generating public service unit operating for social, non-profit purposes. This year also marked a major milestone: TYM became the first microfinance institution in Vietnam to access international loans to finance its lending operations.

2007: TYM was awarded the Second-Class Labor Medal by the Government and received the Vietnam Women’s Award from the Presidium of the Central Vietnam Women’s Union. In addition, at the inaugural Citi Micro-Entrepreneurship Awards held in Vietnam, TYM was honored as one of the country’s most outstanding microfinance institutions.

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