Areas of activities

1.  Capital mobilizing

          Receiving deposits in Vietnamese dong under the following forms:

·     Compulsory savings;

·   Deposit of organizations and individuals including the voluntary deposit of microfinance clients (except for deposit for the purpose of payment).

·    Borrowing loans from credit institutions, financial institutions, other individuals and organizations in domestic and abroad in accordance with the law.

2.  Credit providing

·   Providing credit in Vietnamese dong in the form of loans.

·   M7-MFI’s credit providing can be ensured by compulsory savings and guaranteed by group/cluster.

3.  Account opening

Open deposit account at the State Bank of Vietnam, commercial banks.

4.  Other activities:

·     Entrust and being entrusted for loans.

·     Providing financial advisory services related to the field of microfinance.

·     Providing helping services of collection, payment and transfer money to clients of microfinance.

·     To be an agency to provide insurance services.