Project No. 48 – Onetime-scholarship in cooperation with Vu A Dinh Scholarship Fund

Since 2018, the LOAN Foundation (LOAN Stiftung) has been cooperating with the Vietnamese Vu A Dinh Fund, whose chairwoman is Mrs. Truong My Hoa (Former Vice President of the Socialist Republic of Vietnam).

Together we have already implemented projects successfully (construction of boarding houses) in the poor provinces of Yen Bai, Lao Cai and Son La.

The Vu A Dinh Fund has been supporting pupils and students with scholarships for 25 years. At the occasion of its 25th Anniversary, the LOAN Foundation (LOAN Stiftung) will also make a contribution for University Preparatory Students and for University Students from ethnic minorities from poor backgrounds. The children with good school results will be rewarded for their achievements.

An according MOU was signed on June 24th, 2024.

The amount of the scholarship is VND 1.000.000,00 (1 million VND or approx. €37,00) for University Preparatory Students and VND 1.500.000,00 (1.5 million VND or approx. €55,00) for University Students.

Isabelle Müller will personally handover these scholarships with a total value of USD 12.000,00 (approx. €11.000,00) to the children for the school year 2024-2025 in early/mid-December 2024 (the September 2024 date was postponed due to Super Typhoon Yagi).

Status October 14th, 2024: We have now received the data of all children who will be supported with a scholarship.

Between December 9th and 12th, 2024, 110 University Students (total value of their scholarships VND 165 million), 80 University Preparatory Students (total value of their scholarships VND 80 million) and 60 pupils (elementary and high school / total value of their scholarships VND 60 million) will receive the scholarship in Ho Chi Minh City. The latter 60 children are exceptionally not ethnic minority children, but have been selected according to their poor background and their good school results.The LOAN Foundation (LOAN Stiftung) will top up the donation amount for all 250 children with VND 2,780 million.

We will report!:)