Efficiency from preferential capital in Bac Giang province

(VBSP News) Coming to the poor households in the highland and delta districts of Bac Giang province - where the preferential credit programs have helped many poor households and ethnic minorities. We have witnessed many families have overcome their poverty and stabilize their lives while some of households have the opportunity to escape from poverty and become rich, making a significant contribution to the national goal of poverty reduction and social security and creating people's belief in the policies of the Party and the State.

Currently, VBSP in Bac Giang province are operating at 225 commune/ward transaction points

Thanks to local authorities’ support on high technology development and VND 50 million from VBSP’s Job Creation Lending Program, Luc Nam safe vegetable production cooperatives in Bao Dai commune, Luc Nam district invested in nethouses to plant vegetables

Mr. Nguyen Xuan Hai in Chu Dien commune, Luc Nam district borrowed VND 100 million from VBSP’s Job Creation Lending Program to expand the pigeon breeding facilities

Deducting expenses, every month Mr. Hai earned a profit of tens of millions dong from selling birds

Mr. Phan Van Dung’s family in An Lap commune, Son Dong district borrowed VND 50 million to purchase a plow for agricultural production

Mr. La Van Thuan’s family in Tam Hiep village, An Lap commune, Son Dong district invested in renovating acacia hill

From borrowing VND 50 million, Quang Minh organic cooperatives in Quang Minh commune, Hiep Hoa district invested in aquaculture for high economic efficiency

Van Chinh sewing factory in Quang Minh commune, Hiep Hoa district borrowed VND 50 million from VBSP’s Job Creation Lending Program to invested in renovating the factory and buy facilities for more 20 labors

Mr. Nguyen Bao Yen’s family in Huu Dinh village, Quang Minh commune, Hiep Hoa district borrowed VND 45 million from VBSP’s Job Creation Lending Program to invest in buying machines to make household furniture