Resources to help poor households in mountainous areas rise up

Many households in Quan Son commune received policy loans for effective economic development.

We were present at the Trung Ha commune transaction point (former Trung Xuan commune People's Committee headquarters). Right at the beginning of the transaction, the leaders of the savings and loan groups were present in full force so that the transactions could be carried out conveniently and quickly. According to the reporter's records, under the guidance of the staff of the Social Policy Bank at the transaction point, the activities: disbursement, debt collection, interest collection; receiving savings deposits from group members and residents; paying commission fees to the management board of the savings and loan groups... all took place safely and effectively, bringing satisfaction to customers. The commune government also paid attention, created favorable conditions in terms of facilities and sent police officers to the transaction point to ensure that all activities of the transaction took place safely and effectively.

In village 2, Quan Son commune, the family of Ms. Vi Thi Thin, a Thai ethnic, was previously a poor household, life was very difficult, the family often went hungry, and had to receive support from the State during the lean months. Although the family's cultivated land area was large, they lacked initial capital to create leverage in production development. In 2020, with the guidance of the savings and loan group of village 2, Ms. Lan's family borrowed 50 million VND under the loan program for poor households from the Quan Son Social Policy Bank to invest in family economic development. She used the loan to buy buffaloes and cows to fatten and breed. Thanks to her diligence and hard work, the buffaloes and cows grew well, bringing in hundreds of millions of VND in income each year. Her family escaped poverty and paid off all debts to the bank. Currently, the Social Policy Bank is creating conditions for her to borrow 100 million VND to continue expanding her economic model. Up to now, her family has 7 cows, 6 hectares of bamboo and bamboo, expected to earn about 300 million VND in 2025.

After the merger, as of mid-August 2025, the total outstanding balance of policy credit programs of Quan Son Bank reached more than 460 billion VND with more than 5,610 customers with outstanding loans; the rate of households borrowing capital in the area reached 60.1% of households in the area. Thanks to preferential loans from the Bank for Social Policies and the right investment, borrowers, especially farmers and poor households in Trung Ha, Quan Son and Tam Lu communes, have fully utilized preferential loans to rise up, contributing to the successful implementation of socio-economic goals of localities and the development of people's lives.

Policy credit capital is disbursed quickly and promptly to the right beneficiaries, helping tens of thousands of poor households and policy beneficiaries have capital to develop production and business; create more jobs, increase income, improve and gradually stabilize life. Thereby contributing significantly to the implementation of the goal of rapid and sustainable poverty reduction, ensuring social security. Activities at transaction points continue to take place normally with full functions and operations, ensuring that the rights of borrowers are not affected, promptly transmitting information and policy credit capital to people and beneficiaries.

Director of the Quan Son Social Policy Bank, Le Hoai Nhon, said: “In recent years, the bank's activities have always been closely linked to the implementation of local socio-economic development tasks. The bank has coordinated with organizations and unions entrusted with lending to effectively implement the registered contents; consolidate, review, consolidate, train, coach and improve the operational capacity of credit organizations at the grassroots level. At the same time, we have focused on promoting preferential credit policies and guidelines, especially new credit programs, continuing to promote the rights and obligations of people when borrowing capital, helping poor households and other policy beneficiaries to use capital effectively, increase income, escape poverty sustainably and become rich legitimately.”

The preferential loan program of the Social Policy Bank of Quan Son with many flexible methods has become a resource to support poor households in the highlands to develop the economy, build a stable life and escape poverty sustainably. Thereby, contributing to reducing the poverty rate of the locality, creating people's trust in the social security policies of the Party and the State, contributing practically to promoting local socio-economic development.

Article and photos: Luong Khanh

Source: https://baothanhhoa.vn/nguon-luc-tiep-suc-cho-cac-nbsp-ho-ngheo-vung-cao-vuon-len-259488.htm