Comprehensive financial program for women-owned businesses affected by Covid-19
With the goal of creating conditions for Women-owned Small and Medium Enterprises (WSMEs) to recover and develop their production and business activities due to the impact of COVID-19, the Project: “Support to minimize the impact of COVID-19 COVID-19 pandemic for women-owned small and medium-sized enterprises” when borrowing from commercial banks participating in the project (BIDV, SHB, TPB, VPB, ACB) of ABD with comprehensive policies for Women-owned businesses are as follows:
Project implementation period: April 2021-December 2022.
A. Criteria Women-owned small and medium-sized enterprises affected by the Covid-19 pandemic will enjoy the following benefits:
- Loan structure is available at 5 commercial banks participating in the project or will make new loans with loan amounts ranging from $5,000 to $1 million or meet 2 of the 3 sub-criteria below in the recent financial reporting year Best:
- There are 10-300 employees
- Total assets from $100,000 - $15 million
- Annual sales $100,000 - $15 million.
- Meet the women-owned criteria at the time of loan approval with at least 51% equity owned by one or more women, or meet any of the following sub-criteria:
- At least 20% of the capital is owned by one or more women;
- Women hold the highest or second highest executive roles; and
- At least 30% of BOD members are female (if the enterprise has a Board of Directors)
B. Criteria Women-owned small and medium-sized enterprises affected by the Covid-19 pandemic will enjoy the following benefits:
- Loan structure is available at 5 commercial banks participating in the project or will make new loans with loan amounts ranging from $5,000 to $1 million or meet 2 of the 3 sub-criteria below in the recent financial reporting year Best:
- There are 10-300 employees
- Total assets from $100,000 - $15 million
- Annual sales $100,000 - $15 million.
- Meet the women-owned criteria at the time of loan approval with at least 51% equity owned by one or more women, or meet any of the following sub-criteria:
C. Benefits of enterprises when participating in the project:
- Financial support: receive funding from the Women Entrepreneurs (We-Fi) Grant Initiative (We-Fi) fund administered by the Asian Development Bank (ACB), up to the maximum possible level of support. up to $10,000/customer.
- Support training, consulting to improve business capacity: businesses are entitled to participate in courses suitable to their actual needs through an online training platform and receive direct advice (1-1). ) with experts.
- Financial support mechanism:
- For the restructuring of existing loans: The project bank will delay the repayment of principal for 6 months or more for the enterprise and the ADB project to pay interest on behalf of the enterprise with a value of up to $10,000 or 6 months interest rate (whichever is lower);
- For new loans: The participating banks will provide loans to businesses that are new customers of the bank and the ADB project will support the payment of commitment fees up to $10,000 or up to 8% approved loan amount according to loan term (whichever is lower)
- Project Finance: The estimated total of $5 million to be paid on behalf of female corporate clients for the project financed through a We-Fi grant administered by ADB to approximately 500 business beneficiaries .
- Project participants:
- Project management unit: ADB and State Bank of Vietnam
- 5 participating commercial banks: BIDV, ACB, VPBank, TPBank, SHB.
D. Contact:
- Coordinator: Hà Thuý Hạnh
- Mobile: 0974441974
- Email: hanhsem@gmail.cơm
1. TPB
Hotline: 1900 58 58 85/ (8424) 37 683 683
https://tpb.vn/tin-tuc-/tin-tpbank/doanh-nghiep-co-phu-nu-lam-chu-nhan-duoc-nhieu-uu-dai-khi-vay-von-tpbank
2. SHB
Hotline: *6688 (Hotline 24/7)
Đỗ Minh Đức
Tel: 0859049731
Email: minh.dd@shb.com.vn
3. VPB
Tel: 1900545415
Email: chamsocdoanhnghiep@vpbank.com.vn
4. BIDV
Đỗ Văn Hải
Tel: 0988686988
Email: haidv@bidv.com.vn
5. ACB:
Phan Thị Nụ
Tel: 0902778036
Email: nupt@acb.com.vn