News & Events
Nearly 132,000 Gia Lai households escape poverty
(VBSP News) Nearly 132,000 households in the Central Highlands province of Gia Lai have escaped poverty thanks to VBSP loans over the past 15 years.
VBSP Branch Director Lê Văn Chí (middle) visited the ethnic borrower Rơ Mah Vaih, Jarai ethnic minority in Chư Pơng commune, Chư Sê district
Specifically, 13 State preferential credit programmes in support of housing, production and job creation reached over 140,000 people with a total outstanding loan of VND3.7 trillion (USD160.8 million). As a result, jobs were offered to over 23,000 workers while more than 57,000 students could access school education and more than 10,000 poor households received housing loans.
The rate of poor households in the locality is expected to fall from 24 percent in 2011 to below 17 percent during 2016-2020.
Le Van Chi, Director of the provincial Vietnam Bank for Social Policies (VBSP) branch, said the lender will prioritise giving loans to ethnic minority groups in remote and mountainous areas and mobilise capital from the State and local budget for those living in makeshift or dilapidated houses.
The province also granted certificates of merit to 20 units and 30 individuals of the VBSP branch in recognition of their efforts in poverty reduction./.
CPV/VNA
- Deputy Prime Minister Ho Duc Phoc chairs a working session with VBSP
- Policy credit helps poor households eliminate temporary and dilapidated houses
- Policy credit contributes to sustainable poverty reduction
- Effectiveness of Loan Capital for Formerly Incarcerated Individuals
- Eliminating temporary and dilapidated houses with policy credit funds
- Policy credit supports ethnic minority youth in starting businesses
- Effectiveness of Policy Credit in Nghia Hanh District
- Women play an important role in growth of Vietnam's banking sector
- Ex-prisoners stabilize their lives thanks to policy credit
- Study Tour of Bankers Institute of Rural Development (BIRD) to the Vietnam Bank for Social Policies (VBSP)
- VBSP contributes positively to the implementation of National targeted programs for sustainable poverty reduction
- CEO of Vietnam Bank for Social Policies meeting with JFC-Micro Delegation from Japan
- Escaping from poverty with small loan
- Case study: Experiences in managing microfinance from VBSP is extremely valuable
- The poor in ethnic minority and mountainous areas entitled to apply for maximal loan size of VND 50 million
- Growth must be associated with financial inclusion quality
- Improve financial inclusion for Mekong Delta region
- VBSP aims to provide 1.8 billion USD to southwestern region in 2030
- VBSP participate in the round-table discussion with the Dutch Queen on Financial Inclusion
- VBSP meeting with WB consultant team on forestry development

- Social policies bank asked to diversify capital sources to best serve the poor
- Deputy Prime Minister Ho Duc Phoc chairs a working session with VBSP
- Policy credit helps poor households eliminate temporary and dilapidated houses
- Policy credit contributes to sustainable poverty reduction
- Effectiveness of Loan Capital for Formerly Incarcerated Individuals
- Eliminating temporary and dilapidated houses with policy credit funds
- Policy credit supports ethnic minority youth in starting businesses
- Effectiveness of Policy Credit in Nghia Hanh District
- Women play an important role in growth of Vietnam's banking sector
- Ex-prisoners stabilize their lives thanks to policy credit
LENDING INTEREST RATE
|
DEPOSIT INTEREST RATE
|