Standing Committee Meeting and Advisory Board

A meeting of Standing Committee and Advisory Board Working Group Microfinance Vietnam took place on the morning of 07.29.2009 at the office team has determined that aim to establish the association will become far more targets in time.   07/29/2009 morning at the office workgroup microfinance Vietnam, 17 members of the Standing Committee and its advisors met through performance reports and financial statements 6 months 2009, table implementation action plan last six months in 2009, the reason for slow process to establish the association. During the meeting also discussed draft law on credit institutions mentioned Microfinance in Vietnam, and to review and unify some of the preparations for the conference six months of 2009 . After discussion, the Permanent concluded should continue to call Source, combined with calls for sponsorship contributions from members. Construction report summing up the general financial planning and financial proposals for sources. Since the establishment of the Association also met a number of obstacles so that immediate measures should continue to promote the organization as TYM, CEP, M7 soon licensed activities. Putting into operation plans last six months of the group sharing the experience of conversion TYM, CEP, M7 with other members. The Standing Committee agreed the establishment of the Association will temporarily step back, first to establish a new independent legal entity in the form of NGOs or the Fund. Standing on this goal-oriented research and the Executive Committee, proposed a specific plan for solving the Standing Committee. Objective to establish the association will become far more targets and Executive Committee continue to closely follow and move towards these members.