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Wednesday, December 8, 2021

Home Credit on the journey of sustainable development

The Saigon Times

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Corporate social responsibility (CSR) activities have been maintained at Home Credit as part of its business philosophy. Wherever it operates, it always makes substantial contributions to the local community, demonstrating its responsibility to its customers, employees and the entire society.

Since its establishment, Home Credit’s strategy has long been oriented towards sustainable development. This year, Home Credit Vietnam continues to pursue sustainable values by strengthening community activities during the Covid-19 pandemic, especially its support to women-led startup projects and consumer finance projects across the country.

Supporting women to do business

Last month, the Vietnam Women’s Union held the Vietnam Women Entrepreneurs’ Forum, the Vietnam Women’s Awards, and the sub-contest: Startups Business Women in 2021 to support and honor the wisdom of Vietnamese female entrepreneurs who operate their businesses with outstanding initiatives and apply new technologies and innovations in production.

As the gold sponsor of the event, Home Credit Vietnam would coordinate with the Vietnam Women’s Union to support six startup projects of small and medium enterprises led by women, including disabled ones, in six localities – HCMC, Ha Nam, Nghe An, Vinh Phuc, Bac Giang and Bac Kan.

In addition, Home Credit Vietnam has carried out many activities to support women in their life and business. Most recently, the company provided VND100 million to nine households in which women are breadwinners in Dong Thap Province in May to help stabilize their livelihood amid the Covid-19 pandemic.

Contributing to the fight against Covid-19

On July 12, in response to the Government’s call, Home Credit Vietnam contributed VND1 billion to the Covid-19 vaccine fund to buy vaccines for local residents, with an aim to contribute to the shift to a new normal and economic recovery.

In addition, Home Credit Vietnam has participated in the Vrace virtual race held by the news site VnExpress.net to raise funds for the Covid-19 vaccine fund, thus joining hands with the Ministry of Health to fight the pandemic. The fee for participants in the race is VND100,000 each. The participation of hundreds of managers and employees of Home Credit has helped spread the message “united steps” to call on the support of residents for the fight against the pandemic.

During the tough days of the anti-pandemic fight in HCMC, Home Credit Vietnam also launched the “Home Love” program with the “Giving Food – Sending Love from Home” and “Sharing Love from Home for the Moon Festival” activities to share the difficulties with people from all walks of life.

Specifically, under the “Giving Food – Sending Love from Home” activity, more than 30,000 meals and necessities were sent to field hospitals, child protection centers and the homeless in HCMC. Home Credit Vietnam also demonstrated its empathy with the community by sending an extra 1,000 necessities to the needy in Thu Duc City.

Additionally, understanding that the Mid-Autumn Festival is a special occasion for people of all ages, Home Credit conducted the “Sharing Love from Home for the Moon Festival” program to offer a warm festival during the social distancing period. The program included two major activities: a car named “the Moon Wagon” delivering over 400 gift sets to children and an online mini-concert on its Facebook fanpage on September 29. The mini-concert, participated by singers Thanh Duy, SMELOD and Fanny Tran and pianist Tuan Manh, created a lively atmosphere and a meaningful Mid-Autumn Festival and attracted more than 20,000 views.

Do Thi Thu Thao (L), vice chairwoman of the Vietnam Women’s Union, hands over VND100 million donated by Home Credit to Nguyen Thi Cuc, permanent vice chairman of the Women’s Union of Dong Thap Province

Other community activities

Aside from support to authorities and the people in the fight against the Covid-19 pandemic, Home Credit has also make contributions to other social programs.

Amid the historic floods in the central region last year, for example, Home Credit Vietnam held a program in which employees of the company joined hands to help households affected by the floods, spreading the spirit of “mutual affection, mutual love”.

In addition, the company launched the anti-flooding house development project to provide shelters for residents vulnerable to natural disasters.

Knowledge about financial issues is also a field of interest to many people, and Home Credit has also stepped in to give help. In the second quarter of this year, Home Credit began implementing the financial literacy project by providing useful financial knowledge and solutions on its Facebook fanpage. With two to three posts per month, the program has attracted the interest of more than 200,000 people.

In May, Home Credit Vietnam also cooperated with the Vietnam Television in the “Wise Currency” series of the Hello Morning (Chao buoi sang) program, providing viewers with ways to access loans, information about lending rates and typical financial products and services.

Commenting on its activities, a representative of Home Credit said the company always wants to become a companion and a provider of useful financial solutions to help its customers achieve their targets.

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