Swiss businessman, diplomat and art collector, former Swiss Ambassador to China
Microfinance is an emerging phenomenon that opens access to capital for individuals previously shut out from financial services. In its direct engagement with the poor, microfinance represents a new way for financial capital to potentially stimulate economic growth in developing countries. The way The Dariu Foundation links the allocation of microcredits to a mandatory school attendance is not only very smart – but helps the children, who are the most vulnerable, to step out of the poverty trap at an early age.
Raymond J. Bär
Chairman Alpine Select Ltd., Honorary President Julius Bär Group
Having visited some projects of the Dariu Foundation in Kolkata and Myanmar,
I was most impressed by the passionate and pragmatic approach, combining microfinance and innovative educational modules to help people to get out of the poverty trap. The application of proven business principles to bring those initiatives quickly to a self financing level is very effective.
This is modern social entrepreneurship.
Uli P. Burgerstein
Chairman Burgerstein Vitamine, Switzerland
Microfinance may be one of the world’s most powerful solutions to poverty. Small loans fuel economic self-sufficiency. Microcredits increase household consumption and give women more clout in their communities. Considering nearly half the world survives on less than US$ 2 a day, microfinance is a vital solution.
The Dariu Foundation’s key strategy is in helping people living in poverty to become financially independent, which helps them become more resilient and better able to provide for their families. On top of that, TDF builds their own schools and combines a mandatory school-visit with the grant of microcredits – a unique model and sensible solution.
Co-Founder Partners Group, Switzerland
The Dariu Foundation, with its unique model – combining the grant of micro-credits with mandatory school attendance for the children – impressed us greatly by its efficient structure and the clearly visible impact it has on education and the well-being and lives of the participants. The rural areas of Vietnam and Myanmar are home to some of the poorest people, it is therefore crucial to step in and break the vicious circle of poverty and non-education. That is where The Dariu Foundation excels.
Former German Chancellor
I visit Vietnam regularly and I have known about The Dariu Foundation projects for many years. The people there are doing a top job, with a high degree of professionalism and efficiency. It surprises me time and time again to see just how little money it takes to help the poorest of the poor get on their own two feet and secure a better future under their own steam.
CEO Microsoft, who supports the project with software for our schools in Vietnam
Ringier’s partnership with The Dariu Foundation, in support of Vietnamese students, is a prime example of how private persons and public organisations can collaborate together in order to improve the social and economic conditions of people in need.
Swiss Entrepreneur and Philantropist, Founder and President of the Müller-Möhl Group and former member of the Nestlé board of directors
Microcredit represents an efficient and effective method of combatting poverty. It’s known to us through the UNO microcredit year, Nobel Prize award and the Max Schnmidheiny independence award to the Grameen Bank founder, Muhammad Yunus, from Bangladesh. Microcredit institutions provide credit to the poor through self-organised networks. And they do so at interest rates and against securities which no normal bank can possibly accept or compete with. Borrowers are chiefly women, and success in Vietnam is backed by promoters such as Yunus or The Dariu Foundation. I have been closely following activities of the Dariu Foundation since it was first established, and have also studied the results close at hand in Vietnam. I am particularly fascinated by the fact that microcredit is closely linked with education, thus tackling two problems associated with poverty at the same time.
Professor, Nobel Peace Prize winner and founder of the Grameen Bank in Bangladesh
The Dariu Foundation works on the principles of the Grameen Bank and is therefore extremely successful in Vietnam. The fact that the issuing of microcredits is linked to the obligatory school attendance of the children from respective beneficiary families is an interesting experiment. I wish the foundation much success in the future and, who knows, maybe one day we will even be able to take on a collective project.
Benedict de Cerjat
Swiss Diplomat in Vietnam
The Dariu Foundation has now been engaged in Vietnam since a good five years. Investment in Education is a guiding principle emphasised with great strength. The foundation helps construct schools in remote regions, aids poor children in getting to schools and issues microcredits to families in desperate need. I am aware that these works are greatly appreciated at the highest levels of government in Vietnam – and am extremely pleased that the Swiss foundation has been awarded four prizes for its professionalism in the course of only two years.