Circular No. 56/2025/TT-NHNN on the documents and procedures for approving changes in microfinance organizations

CIRCULAR

Regulations on Documents and Procedures for Approving Changes in Microfinance Organizations

Pursuant to the Law on the State Bank of Vietnam No. 46/2010/QH12;

Pursuant to the Law on Credit Organizations No. 32/2024/QH15 amended and supplemented by Law No. 96/2025/QH15;

Based on the Enterprise Law number 59/2020/QH14 amended and supplemented by Law number 03/2022/QH15 and Law number 76/2025/QH15;

Pursuant to Decree No. 26/2025/NĐ-CP of the Government stipulating the functions, tasks, powers, and organizational structure of the State Bank of Vietnam;

At the proposal of the Director of the Credit Institution System Safety Department;

The Governor of the State Bank of Vietnam promulgates this Circular regulating documents and procedures for approving changes in microfinance organizations.

PART I

GENERAL PROVISIONS

Article 1. Scope of Regulation

1. This Circular stipulates the documents and procedures for approving changes in microfinance organizations, including:

a) Name and location of the main office;

b) Increase in charter capital;

c) Content of activities;

d) Extension of the term of operation;

đ) Purchase and sale, transfer of the entire shareholding of the owner; purchase and sale, transfer of shareholding of contributing members;

e) Suspension of transactions for five working days or more, except in cases of suspension due to force majeure events.

2. The purchase and sale, transfer of shareholding of the owner leading to a change in the legal form of the microfinance organization shall be carried out in accordance with the regulations of the State Bank of Vietnam (hereinafter referred to as the State Bank) and relevant laws.

Article 2. Applicability

1. Microfinance organization.

2. Organizations and individuals related to the approval of changes in microfinance organizations as prescribed in this Circular.

Article 3. Principles for the preparation, submission, acceptance of documents and issuance of results

1. The request for approval of changes in microfinance organizations shall be signed by the法定代表人或其授权的代表（以下简称合法代表）。如果由授权代表签署，文件必须附有符合法律规定的形式的授权书。

2. The application for approval of changes in microfinance organizations (hereinafter referred to as the application) shall be prepared in one set in Vietnamese. Copies of documents, certificates, and translations of foreign language documents in the file must be certified in accordance with the provisions of the law. In cases where the documents are copies that are not certified copies or copies issued from the original book, the microfinance organization must present the original for comparison when submitting the file. The person making the comparison must sign to confirm the copy and bear responsibility for its accuracy compared to the original. Electronic documents in the electronic file are scanned copies from the original or the original (PDF format files).

3. Requests for supplementary documents, responses, approvals, decisions to amend and supplement the License of the State Bank shall be issued in paper form or electronic text.

4. Microfinance organizations may submit the application through one of the following methods:

a) Submit directly at the One-Stop Service Center of the State Bank;

b) Send through postal service;

c) Submit online through the National Public Service Portal. When submitting the application online through the National Public Service Portal, the electronic file must use digital signatures in accordance with the law on administrative procedures in the electronic environment. In cases where the National Public Service Portal encounters system failures or errors preventing the reception and exchange of electronic information, the declaration, submission, receipt, issuance of results, exchange, and feedback of information shall be conducted through postal services or directly at the One-Stop Service Center of the State Bank.

5. The acceptance of applications shall be carried out in accordance with the current legal provisions on administrative procedures under the one-stop and interlinked one-stop mechanisms at the One-Stop Service Center and the National Public Service Portal, and in accordance with the provisions of this Circular.

6. The State Bank shall issue the results of the administrative procedures stipulated in this Circular through online means, postal services, or directly at the One-Stop Service Center of the State Bank.

Article 4. Competence to Approve Changes and Forms of Approval Documents

1. Competence to Approve Changes:

a) The Governor of the State Bank shall approve changes of microfinance organizations as prescribed in Articles 7, 8, 9, 10, 11, 12, and 13 of this Circular;

b) The Director of the Credit Institution Supervision Department shall approve changes of microfinance organizations as prescribed in Articles 5 and 6 of this Circular.

2. The approval of changes of microfinance organizations shall be carried out in the form of:

a) Decision to amend and supplement the License for Establishment and Operation (hereinafter referred to as the License) of microfinance organizations for cases prescribed in Articles 5, 6, 7, 8, and 9 of this Circular;

b) Approval documents for cases prescribed in Articles 10, 11, 12, and 13 of this Circular.

Chapter II

SPECIFIC PROVISIONS

Section 1

CHANGE OF NAME, HEADQUARTERS LOCATION; INCREASE IN REGULATORY CAPITAL; CHANGE IN BUSINESS CONTENT; EXTENSION OF BUSINESS PERIOD

 REGULATION ON CAPITAL INCREASE; CHANGE IN BUSINESS CONTENT; EXTENSION OF BUSINESS PERIOD

Article 5. Change of Name

1. Application documents include:

a) Request document for approval of name change according to the model attached as Appendix I to this Circular;

b) Resolution or decision of the Board of Members approving the name change.

2. Procedure for implementing the approval process:

a) Microfinance organizations shall prepare application documents in accordance with Clause 1 of this Article and submit them to the State Bank. In case the application documents are incomplete, within three working days from the date of receipt of the documents, the State Bank shall issue a document requesting the microfinance organization to supplement the documents;

b) Within twenty days from the date of receiving complete and valid documents, the State Bank shall issue a decision to amend and supplement the License of the microfinance organization. In case of refusal, the State Bank shall reply in writing and specify the reasons.

Article 6. Change of Head Office Location

1. Application documents include:

a) Request document for approval of head office location change according to the model attached as Appendix II to this Circular;

b) Resolution or decision of the Board of Members approving the head office location change;

c) Documents proving that the microfinance organization has lawful rights to use or own the new head office location.

2. Procedure for implementing the approval process:

a) Microfinance organizations shall prepare application documents in accordance with Clause 1 of this Article and submit them to the State Bank. In case the application documents are incomplete, within three working days from the date of receipt of the documents, the State Bank shall issue a document requesting the microfinance organization to supplement the documents;

b) Within twenty days from the date of receiving complete and valid documents, the State Bank shall issue a decision to amend and supplement the License of the microfinance organization. In case of refusal, the State Bank shall reply in writing and specify the reasons.

3. The decision to amend and supplement the License of the State Bank as stipulated in Clause 2 of this Article shall take effect within twelve months from the date of signing.

4. In case of address change without resulting in a change of head office location, the microfinance organization shall submit to the State Bank a request document for approval of head office location change according to the model attached as Appendix III to this Circular.

Within seven working days from the date of receipt of the request document of the microfinance organization, the State Bank shall issue a decision to amend and supplement the License regarding the change of head office location of the microfinance organization.

Article 7. Increase in Regulatory Capital

1. Application documents include:

a) Request document for approval of regulatory capital increase according to the model attached as Appendix IV to this Circular;

b) Resolution or decision of the Board of Members for microfinance organizations established in the form of limited liability companies with two or more members, and Decision of the owner for microfinance organizations established in the form of a single-member limited liability company approving the increase in regulatory capital of the microfinance organization;

c) For cases where the increase in regulatory capital is due to additional contributions from the owner or shareholders, in addition to the documents specified in points a and b of this clause, the microfinance organization shall supplement the following documents:

(i) Commitment document of the owner or shareholder using legitimate funds to contribute or add capital according to the plan for increasing the regulatory capital of the microfinance organization;

(ii) Confirmation document of the Stock Exchange of the State Bank or the State Bank branch where the microfinance organization's head office is located or a commercial bank confirming the additional regulatory capital deposited into a blocked account;

(iii) Financial statements of the shareholder who is a business entity at the nearest year before the year of the capital increase request, audited by an independent auditing organization in accordance with the law; report on the activities of the owner or shareholder who is not a business entity at the nearest year before the year of the capital increase request;

d) For cases where the increase in regulatory capital is due to new shareholders contributing capital, in addition to the documents specified in points a, b, c(i), and c(ii) of this clause, the microfinance organization shall supplement the new shareholder's documents as required for founding shareholders of microfinance organizations according to the Government's regulations on conditions for issuing licenses for credit unions, microfinance organizations, and conditions for owners of single-member limited liability banks being founding shareholders or founding members;

đ) For cases where the increase in regulatory capital is from undistributed profits and other reserves as prescribed by law, in addition to the documents specified in points a and b of this clause, the microfinance organization shall supplement information documents about the supplementary capital reserve fund, undistributed profits, and other reserves determined by independent audit results; information about the amount of money from the supplementary capital reserve fund, undistributed profits, and other reserves used to increase regulatory capital.

2. Procedure for implementing the approval process:

a) Microfinance organizations shall prepare application documents in accordance with Clause 1 of this Article and submit them to the State Bank. In case the application documents are incomplete, within three working days from the date of receipt of the documents, the State Bank shall issue a document requesting the microfinance organization to supplement the documents;

b) Within twenty days from the date of receiving complete and valid documents, the State Bank shall issue a decision to amend and supplement the License of the microfinance organization.  In case of refusal, the State Bank shall reply in writing and specify the reasons.

3. The decision to amend and supplement the License of the State Bank as stipulated in Clause 2 of this Article shall take effect within twelve months from the date of signing.

Article 8. Changing the Content of Activities

1. Application documents include:

a) A request document for changing the content of activities according to the model attached as Appendix V to this Circular;

b) Resolutions and decisions of the Board of Members approving the change in the content of activities;

c) Implementation plans for the new content of activities, which must include at least the following elements: description of changes, implementation procedures, analysis of effectiveness and preventive and control measures for risks, business plans, and implementation schedules;

d) Draft internal regulations on the procedures for implementing business operations for the proposed additional activities to ensure management and risk control.

2. Procedure for implementing the approval process:

a) Microfinance organizations shall prepare application documents in accordance with Clause 1 of this Article and submit them to the State Bank. In case the application documents are incomplete, within three working days from the date of receipt of the documents, the State Bank shall issue a document requesting the microfinance organization to supplement the documents;

b) Within twenty days from the date of receiving complete and valid documents, the State Bank shall issue a decision to amend and supplement the License of the microfinance organization. In case of refusal, the State Bank shall reply in writing and specify the reasons.

Article 9. Extension of Operating Period

1. Application documents include:

a) A request document for approval of the extension of the operating period according to the model attached as Appendix VI to this Circular;

b) An overview report on organizational and operational conditions, including:

(i) Evaluation of performance over the last five years, including key performance indicators related to capital structure, capital utilization, and business results; organization and operation of the management, executive, internal audit, and internal control systems;

(ii) Objectives and business plans for the next three years;

c) Resolutions and decisions of the Board of Members approving the extension of the operating period.

2. Procedure for implementing the approval process:

a) At least 180 days before the end of the operating period, the microfinance organization shall submit a dossier in accordance with Clause 1 of this Article to the State Bank. In case the dossier is incomplete, within three working days from the date of receipt of the dossier, the State Bank will issue a document requesting the microfinance organization to supplement the dossier;

b) Within twenty days from the date of receiving a complete and valid dossier, the State Bank shall issue a decision to amend and supplement the License of the microfinance organization. If the request is rejected, the State Bank will respond in writing and specify the reasons.

Section 2

PURCHASE AND TRANSFER OF CONTRIBUTED CAPITAL SHARES

Article 10. Purchase and Transfer of Contributed Capital Shares Between Current Shareholders of a Microfinance Organization that is a Limited Liability Company with Two or More Members

1. Application documents include:

a) A request document for approval of the purchase and transfer of contributed capital shares according to the model attached as Appendix VII to this Circular;

b) Resolutions and decisions of the Board of Members approving the purchase and transfer of contributed capital shares;

c) A document from the buyer and transferee committing to the legality of the source of funds used to purchase and accept the transfer of contributed capital shares;

d) A commitment document for the purchase and transfer of contributed capital shares between the seller, transferor, and buyer, transferee.

2. Procedure for implementing the approval process:

a) Microfinance organizations shall prepare application documents in accordance with Clause 1 of this Article and submit them to the State Bank. In case the application documents are incomplete, within three working days from the date of receipt of the documents, the State Bank shall issue a document requesting the microfinance organization to supplement the documents;

b) Within twenty days from the date of receiving a complete and valid dossier, the State Bank shall consider and approve the request for the purchase and transfer of contributed capital shares of the microfinance organization. If the request is rejected, the State Bank will respond in writing and specify the reasons.

3. The State Bank's approval document in accordance with Clause 2 of this Article shall be effective for a period of three months from the date of signature.

Within five working days from the completion of the purchase and transfer of contributed capital shares, the microfinance organization shall submit to the State Bank a notification document regarding the implementation results along with supporting documents proving the completion of the purchase and transfer of contributed capital shares..

Article 11. Purchase and transfer of share capital between existing contributing members and new contributing members (the buyer, the transferee) of a microfinance organization that is a limited liability company with two or more members

1. Application documents include:

a) A request document for approval of the purchase and transfer of contributed capital shares according to the model attached as Appendix VII to this Circular;

b) The resolution or decision of the Board of Members approving the purchase and transfer of share capital;

c) The written commitment for the purchase and transfer of share capital between the existing contributing member and the new contributing member;

d) The written commitment from the buyer and the transferee to use legitimate funds to purchase or receive the transfer of share capital;

đ) Documents and materials proving that the new contributing member meets the conditions for contributing members as prescribed by the Government's regulations on licensing conditions for savings and credit cooperatives, microfinance organizations, and conditions for owners of credit institutions that are single-member limited liability companies, founding shareholders, founding members, and the proportion of contributed capital as stipulated by law, including:

(i) License for establishment or equivalent document; business registration number;

(ii) Charter of the organization;

(iii) Authorization document for the representative of the contributing capital at the microfinance organization as prescribed by law;

(iv) Curriculum vitae of the representative of the contributing capital according to the model attached as Appendix VIII to this Circular; criminal record of the representative of the contributing capital as prescribed by law (including erased criminal records and unerased criminal records);

The representative of the contributing capital may present a Criminal Record Certificate or an equivalent electronic document issued through the e-ID and Authentication application VNeID, or submit an electronic Criminal Record Certificate in accordance with the provisions of the law;

(v) Independent audited financial statements of the new contributing member which is a business entity for the three consecutive years prior to the year of filing the application;

(vi) Report on activities of the new contributing member which is not a business entity for the three consecutive years immediately preceding the year of filing the application;

(vii) Declaration form of related parties according to the model attached as Appendix IX to this Circular;

(viii) Financial capability report for participating in the contribution to establish a microfinance organization according to the model attached as Appendix X to this Circular;

(ix) Written commitment to provide financial support to the microfinance organization to address difficulties in case of capital shortage or liquidity problems;

(x) Declaration form of information on credit relationship history according to the model attached as Appendix XI to this Circular;

(xi) Written commitment not to be a founding shareholder, owner, founding member, strategic shareholder of another credit institution established and operating in Vietnam;

(xii) Documents proving compliance with tax and social insurance obligations: Written commitment to fully fulfill tax and social insurance obligations of the new contributing member according to Appendix XII attached to this Circular; Confirmation letter from the tax authority regarding the fulfillment of tax obligations to the state budget; Document from the social insurance agency providing information on the payment of social insurance by the new contributing member;

(xiii) For corporate contributing members who have directly participated in or are currently participating in managing or directing microfinance programs or projects: Documents proving participation in managing or directing safe and sustainable microfinance programs or projects for at least three consecutive years before the date of application.

2. Procedure for implementing the approval process:

a) Microfinance organizations shall prepare application documents in accordance with Clause 1 of this Article and submit them to the State Bank. In case the application documents are incomplete, within three working days from the date of receipt of the documents, the State Bank shall issue a document requesting the microfinance organization to supplement the documents;

b) Within twenty-five days from the date of receipt of complete and valid documents, the State Bank shall examine and approve the request for purchase and transfer of share capital of the microfinance organization. In case of rejection, the State Bank shall respond in writing and specify the reasons.

3. The State Bank's approval document in accordance with Clause 2 of this Article shall be effective for a period of three months from the date of signature.

Within five working days from the completion of the purchase and transfer of contributed capital shares, the microfinance organization shall submit to the State Bank a notification document regarding the implementation results along with supporting documents proving the completion of the purchase and transfer of contributed capital shares..

Article 12. Purchase and transfer of the entire share capital contribution of the owner of a microfinance organization that is a limited liability company with one member

1. Application documents include:

a) A request document for approval of the purchase and transfer of the entire share capital contribution of the owner according to the model attached as Appendix XIII to this Circular;

b) The resolution or decision of the owner approving the purchase and transfer of the entire share capital contribution;

c) A request document for purchasing or accepting the transfer of the entire share capital contribution signed by the authorized representative of the buyer or transferee;

d) A commitment document for the purchase and transfer of the entire share capital contribution between the owner of the microfinance organization and the buyer or transferee, wherein the buyer or transferee commits to using legitimate funds to purchase or accept the transfer of the entire share capital contribution of the microfinance organization;

e) Documents proving that the buyer or transferee of the entire share capital contribution meet the conditions for ownership as prescribed by the Government regarding the conditions for issuing a license for people's credit funds, microfinance organizations, and the conditions for owners of credit institutions that are limited liability companies with one member, founding shareholders, or founding members;.

2. Procedure for implementing the approval process:

a) Microfinance organizations shall prepare application documents in accordance with Clause 1 of this Article and submit them to the State Bank. In case the application documents are incomplete, within three working days from the date of receipt of the documents, the State Bank shall issue a document requesting the microfinance organization to supplement the documents;

b) Within twenty days from the date of receiving all valid documents, the State Bank shall consider and approve the request for the purchase and transfer of the entire share capital contribution of the owner of the microfinance organization; if it refuses, the State Bank shall respond in writing and specify the reasons.

3. The State Bank's approval document in accordance with Clause 2 of this Article shall be effective for a period of three months from the date of signature.

Within five working days from the completion of the purchase and transfer of the share capital contribution, the microfinance organization shall send the State Bank a notification document on the results of implementation accompanied by documents proving the completion of the purchase and transfer of the share capital contribution.

Section 3

SUSPEND TRANSACTIONS FOR FIVE WORKING DAYS OR MORE, EXCEPT

IN CASES OF SUSPENDING TRANSACTIONS DUE TO FORCE MAJEURE EVENTS

Article 13. Suspension of transactions for five working days or more, except in cases of suspending transactions due to force majeure events

1. Application documents include:

a) A request document for approval of the suspension of transactions according to the model attached as Appendix XIV to this Circular;

b) The resolution or decision of the Board of Members approving the suspension of transactions;

c) Documents proving the necessity of suspending transactions;

d) A plan to handle risks arising from the suspension of transactions, including anticipated measures to minimize the impact of the suspension of transactions on the rights and interests of customers.

2. Procedure for implementing the approval process:

a) At least sixty days before the expected date of suspending transactions, the microfinance organization shall prepare and submit a dossier in accordance with Clause 1 of this Article to the State Bank. If the dossier is incomplete, within three working days from the date of receipt of the dossier, the State Bank shall issue a document requesting the microfinance organization to supplement the dossier;

b) Within twenty days from the date of receiving all valid documents, the State Bank shall issue a document approving the suspension of transactions for five working days or more by the microfinance organization. If it refuses, the State Bank shall respond in writing and specify the reasons.

3. After receiving the State Bank's approval document for suspending transactions, at the latest three working days before the date of suspending transactions, the microfinance organization shall be responsible for notifying customers and posting the time and reason for suspending transactions at transaction locations.

Chapter III

RESPONSIBILITIES OF RELATED UNITS

Article 14. Responsibilities of Units under the State Bank

1. Responsibilities of the Credit Institution Management and Supervision Department:

a) The focal point for receiving, examining applications, and deciding to amend and supplement Licenses regarding changes in microfinance organizations as stipulated in Articles 5 and 6 of this Circular;

b) The focal point for receiving applications and examining them before submitting to the Governor of the State Bank for decision on changes in microfinance organizations as stipulated in Articles 7, 8, 9, 10, 11, 12, and 13 of this Circular;

c) Submitting to the Governor of the State Bank:

(i) A document seeking opinions from the People's Committee of the province or centrally-administered city where the microfinance organization requests to move its headquarters to, concerning the change of the main office location when handling requests for approval of changes as stipulated in Article 6 of this Circular;

(ii) A document requesting judicial authorities with jurisdiction to provide information related to criminal records of new shareholders when handling requests for approval of changes as stipulated in Article 11 of this Circular;

(iii) A document seeking opinions from the People's Committee of the province or centrally-administered city where the microfinance organization has its main office located, concerning the purchase, transfer of all shares of the owner when handling requests for approval of changes as stipulated in Article 12 of this Circular;

d) Seeking opinions from the State Bank Branch in the Region where the microfinance organization has its main office located in the following cases:

(i) Changing the name or the main office location of the microfinance organization;

(ii) Extending the operating period of the microfinance organization;

(iii) Purchasing, transferring all shares of the owner of the microfinance organization;

đ) Notifying the State Bank Branch in the Region where the microfinance organization has its main office located about approvals, Decisions to amend and supplement Licenses regarding changes in the microfinance organization;

e) Within five working days from the date the State Bank issues a Decision to amend and supplement the License, the Credit Institution Management and Supervision Department shall notify in writing along with the Decision to amend and supplement the License to the Business Registration Authority to update the national business registration information system.

2. Responsibilities of the unit managing the Electronic Information Portal:

Within three working days from the date of receipt of the request document from the microfinance organization, the unit managing the Electronic Information Portal shall publish relevant information on the State Bank's Electronic Information Portal regarding amendments and supplements to Licenses as stipulated in Articles 5, 6, 7, 8, and 9 of this Circular.

3. The State Bank Inspectorate shall be responsible for inspecting and handling violations by microfinance organizations according to their assigned functions and tasks in implementing the provisions of this Circular and related laws.

Article 15. Responsibilities of the State Bank Branch in the Region

1. Within seven working days from the date of receipt of the report from the microfinance organization as stipulated in Clause 3, Article 16 of this Circular, the State Bank Branch in the Region:

a) Inspecting compliance with conditions for the main office of the microfinance organization as prescribed by the Governor of the State Bank regarding microfinance organizations;

b) Issuing a record confirming compliance or non-compliance with requirements to operate at the new location.

2. Participating in providing opinions upon request from the Credit Institution Management and Supervision Department regarding extension of the operating period and purchase, transfer of all shares of the owner of the microfinance organization.

Article 16. Responsibilities of Microfinance Organizations

1. Shall be responsible under the law for the accuracy and completeness of the information provided in the application dossier.

2. When approved to change one or more contents stipulated in Clause 1, Article 1 of this Circular, the microfinance organization must implement:

a) Amend and supplement the Charter of the microfinance organization in accordance with the approved changes;

b) Submit a document to the State Bank of Vietnam to publish information on the State Bank of Vietnam's electronic portal, publicly announce at the headquarters of the microfinance organization, and in three consecutive issues of a daily newspaper or on a Vietnamese online news site about the contents of the changes stipulated in Articles 5, 6, 7, 8, and 9 of this Circular within seven working days from the date of approval by the State Bank of Vietnam.

3. At least twenty days before commencing operations at a new location, the microfinance organization shall submit a notice of the expected start date of operations at the new location and report on compliance with the conditions regarding the headquarters of the microfinance organization as prescribed by the Governor of the State Bank of Vietnam to the State Bank of Vietnam branch in the region where the headquarters will be located. The microfinance organization may only operate at the new location after the State Bank of Vietnam branch in the region has confirmed in writing that all conditions for operating at the new location have been met.

4. Implement other contents as prescribed in this Circular.

Chapter IV

IMPLEMENTING PROVISIONS

Article 17. Implementation Provisions

1. This Circular takes effect from February 9, 2026.

2. This Circular abolishes the following Circulars and provisions:

a) Circular No. 10/2018/TT-NHNN dated April 9, 2018, issued by the Governor of the State Bank of Vietnam, stipulating the application dossier, procedures, and formalities for approving changes in microfinance organizations;

b) Article 5 of Circular No. 27/2022/TT-NHNN dated December 31, 2022, issued by the Governor of the State Bank of Vietnam, amending and supplementing certain articles of Circulars governing the delegation of administrative procedures in the field of establishment and operation of banks;

c) Article 5 of Circular No. 24/2023/TT-NHNN dated December 29, 2023, issued by the Governor of the State Bank of Vietnam, amending and supplementing certain articles of Circulars related to the submission, presentation, and provision of information and documents on population when implementing administrative procedures in the field of establishment and operation of banks.

Article 18. Implementation Organization

Heads of units under the State Bank of Vietnam and microfinance organizations are responsible for organizing the implementation of this Circular.

Article 19. Transitional Provisions

Microfinance organizations that have submitted complete and valid applications for approval to change one or more contents stipulated in Clause 1, Article 1 of this Circular before the effective date of this Circular shall continue to implement according to Circular No. 10/2018/TT-NHNN dated April 9, 2018, issued by the Governor of the State Bank of Vietnam, stipulating the application dossier, procedures, and formalities for approving changes in microfinance organizations, or amend and supplement their application dossiers to comply with the provisions of this Circular./.