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PHOTO ARTICLE

Updated: 2019-09-26 16:36:34

Customer success stories from VBSP’s inclusive finance services (part 3)

Mrs. Vang Thi Mao's family of the Mong ethnic group in De Xu Phi A village, De Xu Phinh commune, Mu Cang Chai district, Yen Bai province borrowed VND 30 million from Lending Program for Business and Production Households Living in Extremely Disadvantaged Areas and Communes to invest in cow raising

As one of the first households leaving Xeo Di Ho A village in the mountain to reclaim in Lao Chai commune, Mu Cang Chai district, Yen Bai province, Mr. Sung A Khua made a deserted mountain into a large-scale farm and became a millionaire, who are admired by many people

Mr. Sung A Khua in Lao Chai commune, Mu Cang Chai district, Yen Bai province is raising 800 super egg ducks, 400 swans, three buffaloes and six cows. 800 ducks, on average, lay 500-600 eggs per day with a price of VND 3.000/egg, giving the family a substantial profit

From breeding and planting, after deducting expenses, Mr. Sung A Khua's family in Lao Chai commune, Mu Cang Chai district, Yen Bai province has an income of about VND 200 - 300 million per year. In particular, Mr. Khua's family is always enthusiastic to share knowledge and experience, helping many households in the commune escape from poverty

With remarkable contributions, Mr. Sung A Khua's family in Lao Chai commune, Mu Cang Chai district, Yen Bai province has been awarded a certificate of merit by the People's Committee of Yen Bai province for his outstanding achievements in the movement "Good production and business farmers who help other people get rich and sustainably poverty reduction, the period of 2012 - 2017”

The questions of people in De Xu Phinh commune, Mu Cang Chai district, Yen Bai province on policy credit were directly answered by VBSP’s staff in Mu Cang Chai district

The Government's preferential capital has been directly transferred to the people in De Xu Phinh commune by VBSP in Mu Cang Chai district (Yen Bai province)

Thanks to preferential capital, many families in the flower city of Sa Dec (Dong Thap province) have conditions to develop floriculture

Thanks to preferential capital, Mr. Dao Hai Trieu's family in Tan Hue hamlet, Tan Quy Dong ward, Sa Dec city, Dong Thap province has conditions to expand area of flower plantation and gets a stable job

Agricultural Cooperative No. 2 in Dinh An commune, Lap Vo district, Dong Thap province borrowed VND 100 million from VBSP to expand íts factory, buy raw materials, develop weaving and create jobs for 5 workers

The Government's policy credit has been effectively deployed to the right beneficiaries by VBSP in Tuyen Quang province

The State's guidelines and policies on policy credit are publicly announced by VBSP in Tuyen Quang province at 141 commune transaction points for people to understand and implement

Mr. Ma Van Thuc's family of the Tay ethnic group in Co village, Minh Thanh commune, Son Duong district, Tuyen Quang province borrowed preferential capital to buy buffaloes and plant 3ha of acacia forest. Therefore, his family’s life is better than before

 

 

PHOTO ARTICLES

LENDING INTEREST RATE

Poor Households

Lending to poor households 6,6%/year
Lending to poor households in 64 poor districts as stipulated by the Government Resolution No.30a in 2008 3,3%/year

Near Poor Households

Lending to near poor households 7,92%/year

Students

Lending to disadvantaged students 6,6%/year

People in need of loans for job creation

Lending to business establishments owned by war invalids and handicapped persons 3,3%/year
Others...

DEPOSIT INTEREST RATE

Term Deposit Rate
Overnight 3,04%/year
1 week 3,23%/year
2 week 3,5%/year
Others...