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29/01/2013 23:07:39 PM

M7-Mai Son

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Mai Son is a mountainous district of Son La province. It takes about 7 hours from Ha Noi to go there by car, and there’s not yet an airport line directly from HaNoi to Son La. 

M7-MaiSon has a high rate of ethnic members who are still in many difficulties due to the lack of access to technological development as well as formal finance. 

History
Mai Son Supporting Fund for Ethnic Women was founded in accordance to the Decision 63/QD-UBND on 10th July 2007 by the People Committee of Mai Son district. 

The forerunner of the Fund is the credit-savings program implemented in Mai Son district, following the village/commune bank approach. 
From 1993-2003, this model was upgraded and aimed at professional transformation. 
In 2004, ActionAid Vietnam (AAV) handed over the program to locality and Mai Son district Women’s Union continued to manage the program, provided credit-savings services to the poor community, to help them achieve sustainable livelihood and living standard improvement. 
After the issuance of Decree No 28/2005/ND-CP on the Organization and Operation of Microfinance Institutions in Vietnam, AAV encouraged Mai Son Women’s Union to establish “Mai Son Supporting Fund for Ethnic Women” in order to build capacity, structuralize the organization and mobilize resources in the preparation process to register into regulated Microfinance institution. 
Recently, M7-MaiSon has united with M7-Uong Bi and M7-Dong Trieu to form M7-MFI. M7-MFI has submitted application for license to the State Bank of Vietnam and is now waiting for the agreement from the Bank. 


Mission statement

Building a sustainable management system, receiving and efficiently using aids from donors for community purposes, especially programs for women, encouraging ethnic minority women to participate in income-generating activities, practice saving and borrow from the fund.


A center meeting of members of M7-MaiSon 

General information
Address: Hat Lot Town - Mai Son District - Son La Province
Tel: 022 3744 728
Email: m7_maison@yahoo.com.vn
Legal representative: Vu Thi Khau - Director