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Vietnam Bank for Social Policies in Hoanh Bo supports poor families
In order to fulfill the target of removing communes and hamlets in extreme difficulty out of poverty list by 2020, Vietnam Bank for Social Policies, Hoanh Bo district transaction office has given priority to the allocation of credit for hundreds of poor households and ethnic minority households to develop production and raise incomes.
Ms.Thanh is taking care of her fruit garden.
In 2017, the family of Ms.Truong Thi Thanh in Trai Me hamlet, Son Duong commune - one of the poor households of Hoanh Bo district borrowed 50 million VND to grow fruit trees and raise poultry. Up to now, Ms Thanh's family has escaped from poverty with a turnover of about VND 100 million a year. In 2017, nearly 200 poor households in Hoanh Bo had access to loans for economic development. For loan sources to be used effectively, Vietnam Bank for Social Policies, Hoanh Bo district transaction office coordinates with the local organizations to examine and direct households to effectively develop economic model.
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- Mu Cang Chai effectively implements preferential credit policies
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