Compassion In Action!
Our Program

How is TVP’s Loan Program Different? People often use terms such as microloan, microfinance and microcredit interchangeably to describe different small loan programs. While TVP has been inspired by Grameen Bank, and other leading lending institutions, our loan program does not fit the characteristics of the traditional microfinance program; it differs in several key factors.

Program
Loan Size
Interest
Method
Target
Traditional Microfinance $200 or less Up to 35% Loan handled by a lending institution Poorest of the poor $2 or less per day
Micro Enterprise Loan of TVP $2,500 3% to 10% Loan handled by members of local communities Entrepreneurs with proven success
Social Enterprise Loan Fund

To cultivate an integrated micro enterprise program that tackles growing economic marginalization, rampant poverty, and cultural collapse, TVP has launched the Enterprise Loan Fund to raise $500,000. This fund will allow TVP to increase its loan capacity from about 10 businesses per year (average loan size of $2,500) to 30 businesses, provide at least two business management trainings and support a few local staff members annually for the next few years. If you are interested in learning more about our program such as past loans, lending procedure and process (Application Package), strategic plan or a specific proposal for a targeted group, please contact us


Success Stories

Contact Us