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Updated: 2023-07-26 09:51:12

Policy credit supporting ex-prisoners in their new lives

Policy credit sources from Vietnam Bank for Social Policies (VBSP) have helped former criminals reintegrate into the community and lead a better life.

Le Dinh Ngoan, a 60-year resident in Chieng Son commune of Moc Chau district in the northern mountainous province of Son La, wakes up at 5am each day to take care of his family’s large garden, grown with 140 seedless persimmons in which 100 trees have generated harvest.

Ngoan recalled that at last year’s harvest season, traders directly came to the garden to buy persimmons at $1.73 per kg of four persimmons, or $1.30 per kg of six persimmons.

Ngoan’s family counted nearly $8,000 in profit from about six tonnes of persimmons after deducting all relevant expenses.

Besides persimmons, his family has also planted longans, plums, sweet oranges, and tea of smaller volume. As a result, the whole garden brought the family about $10,900 in profit last year.

“In 2013, with trust from the Women’s Union and a lending group in Chieng Son commune, my family was given a $1,300 loan for three years for production and business from a unit under the VBSP Lang Son branch," Ngoan explained.

"We paid off the loan after three years. In 2021, my family was given a further $2,170 loan that supports creating employment from VBSP for five years.”

Tran Thi Huong, Ngoan’s 62-year old wife, said the house their family built last year used up more than $17,000 of their savings.

Along with another $870 loan from the VBSP programme to support clean water and hygiene works in rural areas for five years, Ngoan and Huong have been leading a more stable life than previously.

“I reared five childen for seven years while my husband was in jail, leaving my life fraught with hardship. At that time, my house was just a makeshift tent made of bamboo and rattan," Huong said.

"The tent was burnt several times due to forest fire, then we built a thatched house, but life was still full of difficulties. We now have an easy mindset living in a newly built concrete house. In July, Chieng Son commune was hit by a storm, yet we were safe,” added Huong.

For over a year, VBSP’s Moc Chau district has lent out more than 800 people with volume surpassing $1.95 million to support job maintenance and expansion for local labourers.

According to Le Thi Hong, chairwoman of Chieng Son Women’s Union, the commune is home to eight family households that include ex-prisoners who have managed to turn a new leaf in their live.

"These families were given loans from VBSP under direct proposals from commune police and the local Women’s Union. The scheme contributes to propelling re-integration into the community, from there bringing positive changes to the life of relevant people,” said Hong.

Nguyen The Can, director of VBSP’s Moc Chau Branch, said that since the start of 2022, the branch has lent around 800 people a total of $1.95 million to support job maintenance and expansion for local labourers, from there lending a helping land to realising poverty reduction and social wellbeing.

"Annually, VBSP’s lending scheme helps hundreds of labourers acquire stable jobs and raise income with constantly improved living conditions. Though Moc Chau district still reports several unpaid mature debts as the relevant family households still grapple with hardships, we trust in their resolution to escape from poverty in a wholesome manner,” said Can.







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


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


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