Community-based organisations tend to turn into social enterprises
VOV.VN - A conference was held on September 29 in Ho Chi Minh City to discuss how community-based organisations (CBOs) continue helping vulnerable groups on the back of reducing amount of foreign financial aid.
Director of the Centre for Promotion of Quality of Life (LIFE) Nguyen Nguyen Nhu Trang said six out of 31 CBOs in the south have turned into social businesses.
In addition, three CBOs, namely “Aloboy”, “Hoa co may” and “Da khoc” have joined hand in building a clean food distribution channel called AloFood, which allocate 52% of its profits to serve community-based activities.
CBOs also play an important role in HIV/AIDS prevention and control by working hand in hand with victims or those at high risk of infection.
In his remarks, Pham Hong Son, head of G3VN group – a CBO for the gay community, said it has changed itself to a social enterprise by building Galant general clinic specialising in diagnosing HIV infection, treatment of sexually-transmitted diseases, among others. It also pledged to set aside 51% of its profits for supporting the gay community.
The event was co-hosted by the Centre for Promotion of Quality of Life (LIFE) and the US Agency for International Development (USAID).