VISITORS
News & Events
Pilot model on lending to ex-addicts with HIV/AIDS
(VBSP News) Under the U.S President's Emergency Plan for AIDS Relief (PEPFAR) with the funding of United States Agency for International Development (USAID), the Vietnam Bank for Social Policies (VBSP) in partnership with Family Health International 360 (FHI 360) and the HIV Workplace Project launched the program of supplying microfinance for HIV-infected and affected people as well as rehabilitated drug addicts in HCM City on July 25.
Launch workshop on the HIV/AIDs project in HCM city
According to Tran Van Tien, Deputy Director of VBSP’ HCM city branch, the purpose of pilot project aims to help people living with HIV and former drug users to strengthen their economic development capabilities for better integration into the society and improve the quality of their life.
The project will be implemented in three pilot districts of Binh Thanh, 4 and 8 in the city. With around 70-100 individuals who are people living with HIV and former drug users, including those currently on Methadone maintenance treatment will benefit from the project. Each individual can take out a preferential loan worth 20 million VND (970 USD) at most with the lending interest rate of 0.65%/month similar to the credit program for poor households and the short-term of up to 01 year or from 01 to 02 years. The project will intend to collect total loans in late September 2012.
Total funds in the first year are USD 49,900. The person who needs borrowings can borrow in the project’s entrust unions, such as: Farmer Union, Women Union, War Veterian Union and Youth Union.
- 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)
- New BOD Chairman hosts 33th regular meeting, Quarter III/2011
- VBSP training financial education for Regional Fisheries Livelihoods Program in South Asia and Southeast Asia (RFLP)
- VBSP conduct study visit to Japan
- Banker Institute on Rural Development of India condut study visit to VBSP
- VBSP: Perform administrative procedures for financial inclusion
- Roll out savings for the poor
- Bank for the poor
- Poverty reduction in central coast area
- Poor households in Bac Kan province utilize loans for improving incomes
- Effective and efficient model of credit and savings group
- 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
|
||||||||||