Everlasting Promotion of Efficiency Capital Credit Policy

The family of Trần Sông Nhất, a member of the Sán Dìu ethnic group from Dong Quạ village near Tam Đảo district borrowed funds from the Social Policy Bank (CSXH) included in the National Objective Program for socio-economic development of DTTS and mountainous regions during 2021-2030 (MTQG 1719 Programme).

From the capital support under Project 1, MTQG 1719 Program, in 2023, Mr. Nhất was granted a loan of 100 million VND by Social Policy Bank with preferential interest to buy three breeding female bulls.

Similarly, Bùi Thị Lan's family is a poor household in Cầu Tre village, Hồ Sơn commune, Tam Đảo district. The work of her husband and wife was precarious, without stable employment. In 2022, the family received an 80 million VND loan from the CSXH Bank Trading Room of Tam Đảo District.

Do Quang Dong's family in Cầu Tre village, Hồ Sơn commune was also supported by the CSXH Bank of Tam Đảo district with a loan of 40 million VND.

According to the report of the Tam Dao District CSXH Bank Trading Room, by the end of June 2024, the outstanding debt for loans solving employment in the district reached more than 229 billion dong, for over 3,400 borrowers. In addition, the Tam Dao district CSXH bank trading room also settled 27 poor and near-poor households with preferential interest rates. The loan capital has helped many households have investment conditions to expand cultivation, animal husbandry, production, business. . create stable income, solve work on site for many workers.

In Lập Thạch district, the implementation of a preferential credit policy to support production for poor households, near-poor and newly escaped poverty, in 2021-2023, the entire district has 150 poor families borrowed capital with a total amount of 13 billion VND; 214 near-poor households were loaned 19. 8 billion VND.

At the end of June 2024, total outstanding debt for vEmployment settlement in Vinh Phuc province reached nearly VND 2,000 billion with almost 35,000 loan customers; of which, VND 1,967 billion for more than 34,600 loan workers to resolve employment within the country; Nearly VND 29 billion for over 300 loan workers going on fixed-term work abroad.

According to Mr. Hoang Anh, Deputy Chief Commissioner in charge of the People's Committee of Vinh Phuc province, implementing Sub-project 1, under MTQG 1719 Program, Vinh Phúc province is promoting support for preferential credit loans to develop production, business and services for DTTS countrymen and mountainous areas.