News & Events
Ky Son district makes use of preferential credits
Family of Nguyen Thi Hai in Van Tien village, Dan Ha commune (Ky Son district) invests in poultry farming to bolster household economy.
Since 2017, the policy credit programmes contributed to the building of 641 new clean water and sanitation works in rural areas, helping to improve local people’s lives. They also provided loans for 11 disadvantaged students and created jobs for 111 labourers.
As many as 23 poor and disadvantaged families received loans to repair and upgrade their houses, thus stabilising their lives.
As many as 152 households that have escaped from poverty and near-poverty statuses, remain beneficiaries to preferential credits toward sustainable poverty reduction.
Nguyen Manh Hung, Director of VBSP transaction office in Ky Son district, said that the office has carried out 13 social policy credit programmes. As of the end of September, total loans for nearly 4,980 families exceeded 129 billion VND (5.52 million USD). Overdue loans in the district amounted to 287 million VND, or 0.22 percent of the total.
With the current mechanism, most of the programmes are entrusted to socio-political organisations, with loans accounting for 99.7 percent of the district’s total.
The trusted organisations have devised programmes and inspected the implementation in affiliates, money-savings-and-borrowing groups and borrowers. The VBSP’s district branch and trusted organisations seriously attended periodical meetings, exchanged information and effectively collaborated in steering and guiding activities of groups handling loans at commune-level, to further improve model of money-savings-and-borrowing groups.
At transaction points in the communes, there are signboards which record date of transaction, regulations, information on new credit programmes, lists of households with loans within maturity date as well as due and overdue loans.
Hoa Binh News
- Enhance training on Cyber Safety and Security for VBSP’s customers
- Providing Career Opportunities for Ex-servicemen
- Hanoi allocates VND 6,000 billion (approximately USD 240 million) for entrustment through VBSP
- Effectiveness of Policy Credit in the Highland Areas
- Over 120,000 Poor Households in Tay Ninh Have Been Able to Timely Access to Preferential Credit
- VBSP's Progress Report - Quarter 1/2025
- Hai Duong Farmers Change Their Lives Thanks to Preferential Credit
- VBSP Nam Dan District: Empowering Progress in the New Era
- Bringing Inclusive Fund to Remote Areas: Stories of Dedication
- Contribute to improving the lives of policy beneficiaries and low-income workers
- Hau Giang province goes on overdrive anti-poverty fight
- Poor ethnic households equal 52.7 per cent of VN’s total
- Micro finance transforms the lives of poor Vietnamese women
- Diagnostic mission of the World Bank works with VBSP
- Vietnam Bank for Social Policies celebrates 16 years of establishment and development
- All Vietnamese are to have decent houses of their own
- Tourism could support people with disabilities: Opinion from experts
- Vietnam Bank for Social Policies in Hoanh Bo supports poor families
- Microcredit from VBSP transforms the lives of Bac Kan's poor families
- VBSP’s preferential credit aids agricultural development in Ha Giang

- Enhance training on Cyber Safety and Security for VBSP’s customers
- Providing Career Opportunities for Ex-servicemen
- Diversifying inclusive funds to poor households
- Hanoi allocates VND 6,000 billion (approximately USD 240 million) for entrustment through VBSP
- Effectiveness of Policy Credit in the Highland Areas
- Over 120,000 Poor Households in Tay Ninh Have Been Able to Timely Access to Preferential Credit
- VBSP's Progress Report - Quarter 1/2025
- Hai Duong Farmers Change Their Lives Thanks to Preferential Credit
- VBSP Nam Dan District: Empowering Progress in the New Era
- Bringing Inclusive Fund to Remote Areas: Stories of Dedication
LENDING INTEREST RATE
|
DEPOSIT INTEREST RATE
|