{"id":260,"date":"2017-12-07T03:07:12","date_gmt":"2017-12-07T03:07:12","guid":{"rendered":"http:\/\/www.tymfund.org.vn\/?page_id=260"},"modified":"2025-11-20T17:09:21","modified_gmt":"2025-11-20T10:09:21","slug":"financial-services","status":"publish","type":"page","link":"https:\/\/tymfund.org.vn\/en\/our-work\/financial-services\/","title":{"rendered":"Financial Services"},"content":{"rendered":"

With 30 years of experience, TYM knows better than anyone that financial inclusion is intrinsically linked to breaking the poverty cycle. Currently, TYM has over 200.000 clients who is poor, near-poor and low-income women. Whilst credit is our main service we also offer a variety of savings schemes to help women accumulate wealth, better manage their finances and develop their businesses.<\/span><\/p>\n

Loans<\/h2>\n

All our loans were originally designed using lending values inspired by <\/span>Grameen Bank<\/span> principles and have been adapted to meet Vietnamese women’s. Loans must have features which suit poor and low-income families; collateral-free, repayable in small weekly or monthly installments, simple to access and based on strict credit discipline.<\/span><\/p>\n

The majority of our Clients & Members take out loans for economic development purposes to run their small farming, livestock, fishery, forestry & trading businesses. \u00a0A smaller part of our portfolio borrow to meet consumption and housing needs or invest in their Small and Medium-sized Enterprises (SMEs). \u00a0At TYM we recognize that not all households have the same needs, that\u2019s why we have developed short term, medium-term and Micro and Small Entrepreneurs (MSE) loans which are adapted to their diverse circumstances.<\/span><\/p>\n

We offer the following loans: Economic Development, Policy Loans, Multipurpose Loans, Construction Loan, Loan for disaster risk recovery, and MSE Loans.<\/p>\n

Loans range in size according to capital requirements, project prize, economic capacity and the repayment capability of the members. They are classified into two groups <\/span>(i) microloans, (ii) <\/b>\u00a0<\/b>MSE<\/b> loans <\/b>summarized below:<\/span><\/p>\n\n\n\n\n\n\n\n
\n

Micro-loans\u00a0<\/strong><\/h3>\n

(from VND 1- 50 million)<\/p>\n<\/td>\n<\/tr>\n<\/thead>\n

\u00a0Policy loan <\/strong><\/td>\n\u00a0Loan to support near-poor households<\/strong><\/td>\n\u00a0Economic development loan <\/strong><\/td>\nMulti-purpose loan <\/strong><\/td>\nHousing loan<\/strong><\/td>\nLoan for disaster risk recovery<\/strong><\/td>\nLoan supporting members affected by the epidemic<\/strong>\u00a0<\/strong><\/td>\nSalary Based Loan\u00a0<\/strong><\/td>\n<\/tr>\n
\n

– Poor households according to the Government\u2019s regulations;<\/p>\n

– Disabled women;<\/p>\n

-Women with HIV or women whose husband or children with HIV<\/p>\n

 <\/td>\n

Near – poor households according to the Government\u2019s regulations;<\/td>\n\n

– Poor households according to the Government\u2019s regulations;<\/p>\n

– Disabled women;<\/p>\n

-Women with HIV or women whose husband or children with HIV;<\/p>\n

– Near – poor households according to the Government\u2019s regulations;<\/p>\n

– Low-income households (with the average amount of income per person below the average amount of income announced by the Government)<\/td>\n

\n

– Poor households according to the Government\u2019s regulations;<\/p>\n

– Disabled women;<\/p>\n

-Women with HIV or women whose husband or children with HIV;<\/p>\n

– Near – poor households according to the Government\u2019s regulations;<\/p>\n

– Low-income households (with the average amount of income per person below the average amount of income announced by the Government)<\/td>\n

\n

– Poor households according to the Government\u2019s regulations;<\/p>\n

– Disabled women;<\/p>\n

-Women with HIV or women whose husband or children with HIV;<\/p>\n

– Near – poor households according to the Government\u2019s regulations;<\/p>\n

– Low-income households (with the average amount of income per person below the average amount of income announced by the Government)<\/td>\n

Clients affected by natural calamities and lost VND 20 million or more or having member in the family died, lost, injured<\/td>\nMembers of localities that have been taking measures to prevent and control the Covid-19 epidemic according to Directive 16\/CT-TTg or at levels 3 and 4 according to Resolution 128\/NQ-CP dated 11\/20\/ 2021 or higher epidemic prevention measures than Directive 16\/CT-TTg\/ higher than levels 3 and 4 of Resolution 128\/NQ-CP for 14 consecutive days or more.
\nF0, F1 members have been cured of Covid-19 in the areas not covered by the above regulations<\/td>\n		Members are civil servants \/ officers, workers \/ employees in public administrative offices \/ businesses<\/td>\n<\/tr>\n
\n

50 weeks for every week repayment loan<\/p>\n

24\/52\/72\/100 weeks for every 4 week repayment loan<\/td>\n

\n

50 weeks for every week repayment loan<\/p>\n

24\/52\/72\/100\u00a0weeks for every 4 week repayment loan<\/td>\n

\n

50 weeks for every week repayment loan<\/p>\n

24\/52\/72\/100 weeks for every 4 week repayment loan<\/td>\n

\n

-25\/40 weeks for every week repayment loan<\/p>\n

– 24\/52\/72\/100 weeks for every 4 week repayment loan<\/p>\n

 <\/td>\n

\n

70\/100 weeks for every week repayment loan<\/p>\n

72\/100 weeks for every 4 week repayment loan<\/td>\n

\n

50 weeks for every week repayment loan<\/p>\n

52 weeks for every 4 week repayment loan<\/td>\n

\n

25\/50 weeks for every week repayment loan<\/p>\n

24\/52 weeks for every 4 week repayment loan<\/td>\n

01-month instalment<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n

Loan documents include:<\/strong><\/p>\n

\u2022 Loan application
\n\u2022 Credit assessment table
\n\u2022 Credit agreement
\n\u2022 TYM\u2019s form on the causes of disaster on the member\u2019s family verified by the local government<\/p>\n

Savings<\/h2>\n

Savings are inherently linked to all successful microfinance programs as they permit poor and low-income households to accumulate wealth, develop new savings habits and achieve their goals. TYM provides financial education training and services make it easier for Members* to turn loose change into valuable savings.<\/span><\/p>\n

Our savings products are:<\/b><\/p>\n

    \n
  1. Secure: Client\u2019s money is safe with TYM<\/span><\/li>\n
  2. Adapted: They don\u2019t require large deposits, as little as <\/span>20 cents a week (5000 VND)<\/span><\/li>\n
  3. Convenient: Collection takes place close to clients\u2019 homes<\/span><\/li>\n
  4. Simple: Transactions are fast and require minimal paperwork<\/span><\/li>\n
  5. Competitive: We use market-based interest rates<\/span><\/li>\n<\/ol>\n

    \u00a0<\/span>Check out our savings products in detail<\/span><\/p>\n

    \u00a0For individuals<\/u><\/em><\/strong><\/p>\n\n\n\n\n\n\n\n
    \n

    Compulsory savings<\/strong><\/h3>\n<\/td>\n

    		\n

    Voluntary savings (non-term)<\/strong><\/h3>\n<\/td>\n

    		\n

    Term deposits<\/strong><\/h3>\n<\/td>\n<\/tr>\n<\/thead>\n

    Exclusively for clients with outstanding loans at TYM<\/td>\nIndividuals wishing to save money at TYM<\/td>\nIndividuals wishing to save money at TYM<\/td>\n<\/tr>\n
    Savings from 0.5% of the loan amount<\/td>\nBased on individual needs<\/td>\nStarting from VND 500,000 per account<\/td>\n<\/tr>\n
    \n

    Interest rate<\/em><\/strong><\/p>\n

    0.2%\/year<\/td>\n

    		\n

    Interest rate<\/em><\/strong><\/p>\n

    0.2%\/year<\/td>\n

    		\n\n\n\n\n\n\n\n\n\n\n\n
    <\/td>\nUnder 300 million VND\/a deposit<\/strong><\/td>\nFrom 300 million VND\/a deposit<\/strong><\/td>\n<\/tr>\n
    1 month<\/td>\n4.00%<\/td>\n4.50%<\/td>\n<\/tr>\n
    3 months<\/td>\n5.00%<\/td>\n5.25%<\/td>\n<\/tr>\n
    6 months<\/td>\n6.50%<\/td>\n7.00%<\/td>\n<\/tr>\n
    8 months<\/td>\n5.50%<\/td>\n6.00%<\/td>\n<\/tr>\n
    9 months<\/td>\n5.00%<\/td>\n5.50%<\/td>\n<\/tr>\n
    12 months<\/td>\n6.00%<\/td>\n6.50%<\/td>\n<\/tr>\n
    13 months<\/td>\n6.00%<\/td>\n6.50%<\/td>\n<\/tr>\n
    18 months<\/td>\n6.50%<\/td>\n7.00%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    (*)TYM Members <\/i><\/b>are those clients who commit to participate in all of TYM\u2019s services such as loans, savings, family mutual assistance and to follow TYM\u2019s rules and regulations.<\/i><\/p>\n

    \u00a0For organization<\/u><\/em><\/strong><\/p>\n\n\n\n\n\n\n\n
    Term<\/strong><\/td>\nInterest Rate<\/strong><\/td>\n<\/tr>\n
    1 month<\/td>\n1.5%\/p.a<\/td>\n<\/tr>\n
    3 months<\/td>\n1.9%\/p.a<\/td>\n<\/tr>\n
    6 months<\/td>\n2.8%\/p.a<\/td>\n<\/tr>\n
    12 months<\/td>\n4.1%\/p.a<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n","protected":false},"excerpt":{"rendered":"

    With 30 years of experience, TYM knows better than anyone that financial inclusion is intrinsically linked to breaking the poverty cycle. Currently, TYM has over 200.000 clients who is poor, near-poor and low-income women. Whilst credit is our main service we also offer a variety of savings schemes to help women accumulate wealth, better manage […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":131,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-260","page","type-page","status-publish","hentry"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tymfund.org.vn\/en\/wp-json\/wp\/v2\/pages\/260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tymfund.org.vn\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/tymfund.org.vn\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/tymfund.org.vn\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tymfund.org.vn\/en\/wp-json\/wp\/v2\/comments?post=260"}],"version-history":[{"count":71,"href":"https:\/\/tymfund.org.vn\/en\/wp-json\/wp\/v2\/pages\/260\/revisions"}],"predecessor-version":[{"id":11418,"href":"https:\/\/tymfund.org.vn\/en\/wp-json\/wp\/v2\/pages\/260\/revisions\/11418"}],"up":[{"embeddable":true,"href":"https:\/\/tymfund.org.vn\/en\/wp-json\/wp\/v2\/pages\/131"}],"wp:attachment":[{"href":"https:\/\/tymfund.org.vn\/en\/wp-json\/wp\/v2\/media?parent=260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}