1. Background Information: Foundation to Supports Low-Income Households and Economy Development (also known as the VietED Foundation) is a charitable organization established on April 28th, 2011 by Decision 977/QD-BNV of the Ministry of Interior, operating under Decree No. 148/2007/ND-CP dated 25/09/2007 of the Government. VietED Foundation was created with capital contribution from the founding members. The Foundation can generate operating fund by offering services on a fees-paid basis, soliciting donations, receiving voluntary contributions from individuals and organizations based in Viet Nam and outside the country. VietED Foundation is a not-for-profit organization aiming to reduce the vulnerability and improve the business skills and livelihood of households, especially low-income households living in rural, mountainous and/or extremely difficult areas. 2. History: VietED Foundation was established by a team of microfinance and community development experts who have great experience in designing and implementing microfinance and community development projects funded by international NGOs, the Ministry of Science and Technology, the Ministry of Agriculture and Rural Development, and the Viet Nam microfinance network. Inspired by the share desire to contribute more to community development and poverty reduction, the team gathered in April 2011 to create VietED Foundation, VietED’s goal is to become a legal and professional organisation that can optimise internal and external resources to serve the economic development of low-income households.