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Press Release

Updated: 2021-08-12 15:14:10

The effectiveness of the policy capital in Huong Son district in recent years

(VBSP News) Up to now, the total outstanding loans of VBSP in Huong Son district have reached more than VND 516 billion with over 14,000 active customers. The source of preferential capital has become reliable for the poor and other policy beneficiaries to invest in production and business, step by step improve their lives, and escape from poverty sustainably.

In resonse to the Covid-19 pandemic, at commune transaction points, the VBSP in Huong Son district equipped face shields, divided time for customers in the transaction and seriously implemented the 5K message

 

Mr. Dao Tien Dung's family in Trung Bang village, Son Bang commune borrowed a loan from newly escape from poverty household credit program to invest in raising deer and buffalo

 

Up to now, his family has 3 buffaloes and 5 deers, earning up to 100 million VND per year

 

Borrowing 50 million VND to get out of poverty, Mr. Pham Trung Tan's family in Trung Bang village, Son Bang commune invested in raising cows and growing corn

 Up to now, his family financial condition is better

 

Officers of VBSP in Huong Son district and a leader of the Savings and Credit Group check loan use of Ms. Dao Thi Tham's household borrowing loans to invest in buffalo breeding

 

From 20 million VND borrowed from the poor households credit program of VBSP, Mr. Nguyen Ngoc Nam's family in Khe Co village, Son Le commune invested in deer breeding. In 2019, his family just got out of poverty and continued to borrowa loan from the district VBSP for newly escape from poverty household credit program to expand livestock production

 

Thanks to that loan, Nam's family has expanded star deer breeding to increase income, so far, his family has 5 star deers and his family financial condition is stable

 

Many households in Huong Son district borrowed preferential loans from the District VBSP to invest in buffalo breeding

 vbsp.org.vn

 

PHOTO ARTICLES

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...