ImpactAlpha, Mar. 12 – SEAF’s investment in Phuong Chau hospital will allow the 250-bed obstetrics and gynecology facility in the Mekong Delta city of Can Tho to expand to a nearby community.
Washington DC-based Small Enterprise Assistance Fund made a $2.9 million investment in the hospital in 2011, which was founded by Nguyen Thi Ngoc Ho, who was frustrated by the lack of quality maternal health care in Vietnam.
The new investment was made through SEAF’s Women’s Opportunity Fund, launched last year with backing from the Australian government to invest in women-led businesses in the Philippines, Vietnam and Indonesia.
