Mid-Year Grant Report: Cow Microloans with Allianz Mission

Update from End of 2015

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. 

The number of project clients in Suoi Tin stays at 6 families because many young couples in this village have moved to the south or to China for other jobs.

The number of clients in Lan Ca 1 is decreasing because their cow herds (and other livestock, too) don’t develop as well as in other villages due to the shortage of natural water. Some of the clients have lost their cows, and less female calves have been handed over compared with other farmer interest groups (FIGs).

The proper development of the cow herds and the revolving loan cycle is maintained closely by the FIG members. The number of beneficiaries is increasing in all 4 FIGs in Khua Ca, Lan Ca I, Tham Xi, and Suoi Tin. Most of the clients of the first generation have paid back their loans in the form of a female calf, and the project has expanded to the 3rd generation already.

Data from the 4 FIGs in Bac Son at the End of 2015

2 New FIGs in Binh An and Don Ngang Villages

By the end of 2015, Allianz Mission started 2 new FIGs in Binh An and Don Ngang villages. The project clients in these 2 new FIGs have received a cow each and started to raise cows for their benefits.

In 2016, because of the good results of the project and the effective management of the local partners, Allianz Mission plans to transfer the ownership of these 4 cow herds to Bac Son. After the transition, Bac Son villagers will manage and sustain the revolving loan cycles by themselves.