Green credit: A pioneering step in green finance for sustainable development

Green credit not only supports farmers in enhancing their resilience to risks but also encourages the adoption of sustainable and environmentally friendly production, business, and consumption practices. Microfinance leverages excellence The "green credit capital" product is a practical initiative within the framework of the "Climate Risk Finance Initiative for Vietnam's Agriculture" (AgriCRF VN). This is the result of close collaboration, technical support between the Tình Thương Microfinance Joint Stock Company (TYM) with the German International Cooperation Agency (GIZ) and the Department of Rural Economic Cooperation and Development (Ministry of Agriculture and Environment). The core objective is to encourage customers to access capital for green and sustainable production, business, and lifestyle. The product is optimally designed to remove capital access barriers for vulnerable customer groups, with notable advantages: A maximum loan limit of up to 100 million VND; flexible ...