News & Events
Getting rich from small loans

Thanks to effective co-ordination activities between VBSP and Vietnam Women’s Union in managing and utilizing with right purpose the Government’s preferential loan have created more jobs, increased income and helped poor households to develop their household economies stably, enhancing material and spiritual life for people. Lê Thị Tuyết’s family at Động Lâm commune, Hạ Hòa district, Phú Thọ province is such a typical in utilizing effectively small money to enrich their family.
After getting married, Le Thi Tuyet and her husband lived at their own family without money, tight budget. With essence of a hard-working farmer, she bravely invested in reclaiming soil in mountain areas to start doing business with hope to improve their familyeconomy better than present. Borrowing VND 8 millions from VBSP district’s transaction office to invest in production, she had planted 0,5 hectares of acacia mangium, raised pigs, chickens, ducks. Since then, her family has been prospering, earning tens of millions Dong from animal husbandary every year. Together with taking short-term foster, she had transfered production method, extended animal husbandary facilities size. With enterprising will, knowing to apply technical and scientific in production, planting, raising, developing services, and adding more income from her husband’s carpentry, Tuyet’s family not only escaped from poverty but also built a spacious house, bought home comforts and afforded her children schooling. In addition, she has helped many family of seedlings and breeding animals, creating more seasonal jobs for people .
Visiting to Tuyết’s family at present, we really admire when seeing their animal farm, store and carpentry workshop, paddy field. They all have showed us how busy she is? Hoping with this impetus, Tuyết’s family economy would continue to develop and members’ families of Women’s Union shall follow her example, using wisely the preferential loans in production, escaping from poverty sooner, stabilizing life and step by step rising up to get rich on their native soil.
News Agency
- More than 214,000 households access policy loans
- The Duy Xuyen branch of VBSP disbursed 136.8 billion VND to 1,953 households
- Veterans effectively utilize policy-based credit funds
- Krông Nô unleashes its internal potential for sustainable poverty reduction
- Policy credit: A cornerstone of sustainable development
- Giving opportunities and instilling confidence in reformed offenders in Dak Lak
- Policy credit "plants" livelihoods in coastal areas
- Policy credit "awakens" the value of traditional craft villages in Nghe An province
- Policy credit funds help the Khmer people develop their economy
- Policy credit empowers vulnerable groups improve their livelihood
- Savings and credit group as a long hand of VBSP in providing financial inclusion for the poor
- Provide loans for unemployed workers in enterprises facing difficulty due to economic crisis
- Delivering loans to poor households and other disadvantaged groups for poverty reduction
- VBSP in partnership with Viettel for rural and agriculture communication
- Simplifying lending procedures and loan collection in VBSP
- VBSP conduct housing assistance project for poor households
- Help VBSP access to poor households
- Over 7 VND million housing support for each poor household
- Nearly VND 5,000 billion for boosting overseas workers
- VBSP support for migrant workers abroad
- Giving opportunities and instilling confidence in reformed offenders in Dak Lak
- Policy credit "awakens" the value of traditional craft villages in Nghe An province
- Digitalization of policy credit for the poor and other vulnerable segments to contribute to the national comprehensive finance strategy
- Saving Money to Help the Poor
- 47,454 poor households and other policy beneficiaries acess inclusive finance in Nghe an province during first six months
- more than 6.7 million customers reach preferential loans from VBSP
- Phu Tuc Commune Branch of VBSP disbursed over 142.39 billion VND for vulnerable clients in first six months
- Nearly 44,000 poor households and other policy beneficiaries access VBSP loans in Dong Nai during six first months
- Standardizing the operations of the Social Policy Bank system
- VBSP Announces Appointment of New General Director
LENDING INTEREST RATE
|
||||||||||||||||||||
DEPOSIT INTEREST RATE
|
||||||||||



















