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Updated: 2020-08-13 15:40:59

Policy credit contributes to decrease poverty rate in Son La province

VBSP Quynh Nhai district, Son La province has step by step followed the people, provided funding from policy credit programs. Such effective implementation has helped hundreds of poor households in the district get out of poverty and get rich right in their homeland.

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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...