Grants and Contributions:
Title:
Strengthening the People's Credit Fund Network
Agreement Number:
5007062202 P001332001
Agreement Value:
$17,859,123.81
Agreement Date:
Mar 24, 2016 - Mar 31, 2025
Description:
The project aims to improve the efficiency of the Cooperative Bank of Vietnam (CBV) and its People's Credit Fund (PCF) network to supply a range of financial products and services to rural clientele.
Développement international Desjardins (DID) will support the CBV and PCFs to revise and implement their development plans. They will also support them in setting up a process to oversee and supervise their risk management tools and internal auditing process.
Project activities include: 1) implement business plans, define strategies to professionalize the PCFs and develop tools to help managers, trainers and staff; 2) provide support to the staff in setting up the process to supervise the PCFs, and define the mechanisms to secure operations; 3) conduct a risk analysis of financial operations and loans portfolio; 4) support staff to define the methodology and the tools to assess and develop sustainable financial products and services to meet the needs of clientele; and 5) support training and coaching activities including the transfer of expertise to staff.
Organization:
Global Affairs Canada
Expected Results:
The expected outcomes of this project include: (1) equipping the Cooperative Bank of Vietnam (CBV) to ensure its People's Credit Fund (PCF) network capacity building and improved performance of operations; and (2) enabling the PCF to inspire confidence, supply a range of secure financial products and services to meet the needs of rural clientele, in particular women, while ensuring its financial profitability.
Location:
Lévis, Quebec, CA G6V 4C3
Reference Number:
GC-2016-Q4-0052
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
3203104905757
Recipient Type:
Not-for-profit organization or charity
Additional Information:
The value of the agreement is changed to $17,859,124 CAD, The end date is changed to 2025-03-31.
Amendment Date
Sep 8, 2023
Recipient's Operating Name:
DID - Développement international Desjardins
Recipient's Legal Name:
Développement international
Federal Riding Name:
Bellechasse--Les Etchemins--Lévis
Federal Riding Number:
24010
Program:
International Development Assistance Program
Program Purpose:
The main purpose on the International Development Assistance Program is to reduce poverty for those living in countries where Global Affairs Canada engages in international development.
Amendments: