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The policy credit contributes to the development of sedge mat craft villages in Nga Son district
(VBSP News) Regarding Nga Son district (Thanh Hoa province), sedge mats are considered as a signature product. Thanks to programs and projects to restore, preserve and promote the effectiveness of traditional products, and especially is policy credit from VBSP, thousands of people in this area have a stable source of income from sedge mats.
Among these years, the VBSP transaction office in Nga Son district has created conditions for many households to borrow preferential loans, helping them maintain and expand production. It also contributed to preserving and developing the local traditional craft. Until now, VBSP has served 13,737 poor households and other policy beneficiaries, with a total outstanding loan of nearly VND 436 billion.
A disbursement session at Nga Yen Commune Transaction Point
The preferential capital source has supported hundreds of households in the communes of Nga Thanh, Nga Lien, Nga Tien, Nga Thuy, Nga Tan, etc. to invest in renovating sedge fields
VBSP's officer in Nga Son district inspects the use of preferential loans in Nga Thuy commune
Nghiem Van Truong's family in Hung Dao village, Nga Thuy commune was taken a loan of VND 50 million from the job creation program to develop the traditional sedge profession
With a preferential loan from VBSP, Tran Thi Thom's family in Nga Thuy commune invests in the production and purchase of sedge products. The family's average income is nearly 400 million VND/year
Thanks to the policy credit, many households in Nga Son district have invested in intensive farming and improvement of sedge fields to grow a rare, long, tough and shiny sedge
The traditional sedge mat profession also creates jobs for thousands of workers in the area
Policy credit has been effectively promoted, contributing to the restoration, preservation and development of traditional sedge mat craft which is in danger of extinction
Vbsp.org.vn
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- Leveraging Sustainable Livelihoods
- Quang Nam Widely Expands Policy Credit
- Policy credit as driving force for local economic development
- Conditions and preferential policies for loans to buy social housing in 2025
- DONG HOA - PHU HOA: Preliminary review of policy credit activities in the first quarter of 2025
- District 12 eradicates poverty with effective social policy credit programs
- How policy credit fuelled Ho Chi Minh City’s 50-year rise
- Enhance training on Cyber Safety and Security for VBSP’s customers
- Providing Career Opportunities for Ex-servicemen
- Diversifying inclusive funds to poor households
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