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Client success stories

Updated: 2016-03-10 09:27:19

Getting out of poverty by preferential loans

Whenever we go on business in Đức Huệ District, referring to a name “Tư Trị”, almost villagers know completely about Nguyễn Văn Trị living in hamlet 1, Mỹ Thạnh Đông commune, Đức Huệ district, Long An province. 

Chị Nguyễn Thị Hiếu ở khu phố Thọ Cang, phường 5, TP. Tân An vay vốn đầu tư chăn nuôi bò sữa

Tri was entitled to borrow from VBP’s preferential credit sources by the commune Poverty Reduction Board and Farmer’s Association in 2001, and now from VBSP with a VND-four-million loan for cow breeding. With the loan he borrowed, he purchased one mother cow and one calf. Unfortunately, after six  months of feeding, the calf got epidemic diseases, so he had to sell it at a price of  VND 01 million. His hope seemed to be disappeared, however, with the will of hard work and determination of recovering from difficulties, he used the proceeds from selling the sick calf and savings from his hired labour to buy a petrol-pump machine at the price of VND 1.4 million so as to pump water for plants if anyone hire. At the same time, in 2003, the mother cow gave birth to two female calves. Then, he continued to strive for cow breeding, did hired labor and spent much time in taking care of his cow and calves, In 2004, he began to sell 01 big calf  in order to repay principals and interests for VBSP and also redeem 0.4 hectare of paddy field which his parent had to mortgage before. Therefore, in 2005, he continued to borrow VND 07 million from VBSP and invested to purchase two mother buffaloes for breeding. As a result, up to now, he has sold five cows and buffaloes worth tens of  million vietnam dongs, which help him build a corrugated-iron-roof-house and buy some furniture for his family. In addition, he is also a member engaging positively in activities of Farmer’s Association and regularly exchanges ideas and guide technologies of animal husbandry for the villagers. Moreover, he is honourably recognized as a well-produced farmer during three years (2003-2005) at commune level by the Farmer’s Association. His family is also recognized as the cultural one of five standards. 

In my opinion, if other poor households also strive for hard working out of poverty and step by step making richness alike “Tư Trị”, in the near future, the poor in  Long An province in particular and in the country in general will remove poverty when the next spring is coming.  

Thanh Duy Vu



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


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


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