VISITORS
News & Events
Poor households in border region assisted through pandemic
(VBSP News) COVID-19 has pushed many people over the edge since it first arrived in Vietnam. Seeing that many people were suffering, local authorities in the southern province of Binh Phuoc deployed a range of policies to assist them through these difficult times.
Phu Van is among the most disadvantaged communes in Binh Phuoc’s border district of Bu Gia Map, with 15% of local households rated “poor” and 67% “near-poor”.
One such poor household is that of Thi Y’s family. They have borrowed money from the local bank for social policies to invest in their cashew nut farm and cattle herd. Their efforts seemed to have come to nothing as COVID-19 hit, but they can now breathe easy as the deadline on their loan repayment has been extended.
A similar story is found in many households in Phu Van commune. With repayment deadlines extended, they are now driven to work hard and escape from poverty.
Thanks to timely assistance from local authorities, nearly 300 underprivileged households in Bu Gia Map district that were hit hard by the pandemic can now breathe easy over their repayment deadline.
The COVID-19 situation has been greatly eased due to the efforts of the country in containing the pandemic, and local people in the poor border commune of Phu Van can now focus on earning money and escaping from poverty./.
Source: vietnamplus.vn
- Tay Ninh: Getting out of poverty thanks to policy credit
- Preferential credit empowers Gia Nghia residents to get out of poverty
- The Bank of the Lao PDR visits and works with the Vietnam Bank for Social Policies (VBSP)
- Maximizing the Effectiveness of Policy Credit in Thai Nguyen (Final Part: The Pillar of Sustainable Poverty Reduction)
- Maximizing the Effectiveness of Policy Credit in Thai Nguyen (Part 1: Guided by the Party)
- Getting out of Poverty and Building Wealth with Preferential Loans
- The Cuban Central Bank President visits and works with the Vietnam Bank for Social Policy
- The opportunity for individuals who have completed their prison sentences
- Summary of the Digital Education Program for Vulnerable Groups in Vietnam
- Part 4 - Belief and Aspiration
- Pandemic-hit employers to access interest-free loans to pay staff
- Farmers create a considerable fortune from preferential loans
- Escape from poverty thanks to preferential loans
- Guideline on lending for employers to pay job severance wage for their wokers
- Online training conference on lending employers to pay salaries for their employees
- Ready to roll out the new resolution for employers affected by Covid-19 pandemic
- Summary of responses to COVID-19 pandemic by APRACA member institutions
- VBSP branch in Hoa Binh province supports the poor during the Covid-19 pandemic
- Credit support package of VND 300 trillion against Covid-19
- Policy credit has made important changes over the years
- Tay Ninh: Getting out of poverty thanks to policy credit
- Preferential credit empowers Gia Nghia residents to get out of poverty
- The Bank of the Lao PDR visits and works with the Vietnam Bank for Social Policies (VBSP)
- Maximizing the Effectiveness of Policy Credit in Thai Nguyen (Final Part: The Pillar of Sustainable Poverty Reduction)
- Maximizing the Effectiveness of Policy Credit in Thai Nguyen (Part 1: Guided by the Party)
- Getting out of Poverty and Building Wealth with Preferential Loans
- The Cuban Central Bank President visits and works with the Vietnam Bank for Social Policy
- The opportunity for individuals who have completed their prison sentences
- Summary of the Digital Education Program for Vulnerable Groups in Vietnam
- Part 4 - Belief and Aspiration
LENDING INTEREST RATE
|
||||||||||||||||||||
DEPOSIT INTEREST RATE
|
||||||||||