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Updated: 2016-01-04 11:10:46

Poverty reduction in Viet – Laos border

(VBSP News) Que Phong is one of the poorest districts in Nghe An province and in the list of 62 poor districts of Vietnam. Que Phong is bounded by Hua Phan (Laos), mainly mountainous, high slope, little farming land anddifficult transportation… For many years, the Government cares about investing economic development with the preferential credit sources of VBSP, the lives of the people are changing every day.

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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...