​The cow microloan project continues to help the beneficiaries improve their living conditions. Some beneficiaries have been able to repair their houses, pay their debts, and cover daily expenses and school fees for their children.

The number of beneficiaries is gradually increasing. The revolving loan cycle of handing over female calves to the next beneficiaries is already to the third generation in Khua Ca, Tham Si and Lan Ca I villages, and in the second generation in Suoi Tin village. After paying back the loan (through the form of a female calf), most of the beneficiaries continue to raise cows as a source of stable income.
​
By the end of June 2016, two new Farmer Interest Groups (FIG) have been provided with 40 cows, 2 bulls, and fodder grass. The local management committee has been supported with a new motorbike so they no longer need to use their private motorbikes for project related travels.

With better care from the beneficiaries and help from the commune veterinarians, the project cows are getting better and adapting well with the local natural conditions. The beneficiaries are gaining more confidence in raising cows with the knowledge and skills received from the technical training. However, some activities were delayed due to the National Party Election at all levels in Vietnam. The local management committee has had a great change in human resources, which leads to the fact that AM staff usually has to work with new authority leaders. These delays will not jeopardize the achievement of the project goals.

All of the current project clients are happy with their cows. Many people who have not yet received project cows are waiting for a female calf to be handed to their families. Local people acknowledge the benefits they actually received from raising the cows. More new clients are becoming beneficiaries of the project, which makes the revolving loan cycle sustainable and increases the impact. 

Transparent Fish Fund is partnering with Allianz Mission in a cow microloan project to alleviate poverty in Vietnam. The mission of this project is to help poor families generate stable income by raising productive cows. This sustainable method improves their living conditions and gradually helps them improve their quality of life. The income from the cows improves the housing conditions for both the farming families and for the cow’s shelter. It also supports the children’s education, once the parents can afford to send them to a school farther from the village.