Updated: 2020-03-23 11:10:13

Poverty alleviation from VBSP's inclusive financial services

• Nearly 1.2 million households provided with VBSP’s loans
• VBSP registers upbeat first-half performance
• Nearly 1.2 million households have borrowed loans from VBSP
• Online conference to deploy tasks of the last 6 months of 2020
• Production and businesses in Hanoi bounce back after quarantine due to Covid-19
• Ma’am People’s Council Representative of the loan borrowers
• Thanks to the SMS service, the group leader is more trustworthy
• Policy credit in Ho Chi Minh city
• The dedicated leader of Savings and Credit Group
• Migrant Workers Scheme

Links ... Asia-Pacific Rural and Agricultural Credit Association Banking with the Poor Network Ministry of Finance Ministry of Labor, War Invalids and Social Welfare State Bank

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...