(VOVworld)- Switzerland’s Dariu Foundation will provide the southern city of Can Tho with funding worth 61 billion VND (2.77 million USD) between now and 2021, paying for micro-credit, scholarships for poor students, mobile schools and libraries and kindergarten construction.

During a working session with the municipal authorities on August 10, Director of the foundation Nguyen Van Hanh said nearly 5,000 women will benefit from loan service and training courses on how to effectively use loans. Moreover, 200 scholarships will be presented to poor students every year, with at least half of them are for girls. Via the foundation, the US’s Pedals for Progress organisation will present 2,200 bicycles worth 6.6 billion VND (300,000 USD) to local poor students from 2016-2017.