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Nearly 1.2 million households provided with VBSP’s loans
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(VBSP News) Nearly 1.2 million needy households and other last-mile populations have been granted with VBSP’s loans in the first six months of this year.
The VBSP’s loans have contributed to supporting production and business activities, creating jobs for nearly 216,000 workers |
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VBSP provided total loans of VND42.5 trillion (US$1.83 billion) in the January - June period while it collected over VND29.6 trillion (US$1.27 billion) from debts during the period. The VBSP’s loans have contributed to supporting production and business activities, creating jobs for nearly 216,000 workers including 1,900 who are working abroad under definite-term labor contracts. The loans have also helped nearly 9,000 students in difficult circumstances have opportunities to pursue their studies. In addition, VBSP has provided funding for the construction of 770,000 water supply and sanitation facilities in rural areas and the construction of 11,500 social houses for other disadvantaged groups. The total outstanding loan of the VBSP reached over VND219.5 trillion (US$9.7 billion) by the end of June 2020, up 6.2% compared to that in late 2019, with 6.5 million active customers. en.nhandan.com.vn |
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- Bringing digital banking services closer to the people of Thanh Hoa province
- Amplifying the impact of preferential credit in An Giang Province
- A reliable source of preferential credit supporting improvements in people’s quality of life
- Supporting disadvantaged individuals in rebuilding their lives
- Expanded preferential credit access creates more opportunities for workers to take up employment abroad
- A solid support for people seeking a second chance
- Study Visit of the Bankers Institute of Rural Development (BIRD) to Vietnam
- RDB Visits and Works with VBSP
- Policy credit empowers women to rise and stabilize their livelihoods
- VBSP promotes green inclusive finance towards sustainable development
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