Updated: 2016-08-02 15:59:28

VBSP support near poor households escape from poverty in Vinh Long province

• Policy credit helps people in Dai Loc district have better lives
• The devotion in work of a leader
• Many businesses in Nghe An province have access to information on loans to pay salaries to laborers having their contract suspended
• VBSP Phuoc Son district effectively promotes trusted capital from the local budget
• Nearly 1.3 million poor, near-poor households provided with VBSP’s loans
• Directive No.40-CT/TW: correct, creative, deeply humane
• Policy credit support employees and employers who meet difficulties due to the Covid-19 pandemic
• Newsletter Vol 06.2021
• Escape from poverty by the policy credit capital
• Policy credit grew 6.3% over the first half of 2021

Links ... Asia-Pacific Rural and Agricultural Credit Association Banking with the Poor Network Ministry of Finance Ministry of Labor, War Invalids and Social Welfare State Bank

LENDING INTEREST RATE

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 Students 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 Others...

DEPOSIT INTEREST RATE

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