VISITORS
News & Events
Khmer people in Tra Vinh Province escaped from poverty thanks to VBSP's loans
(VBSP News) The Mekong Delta province of Tra Vinh has provided loans of more than VND46 billion (US$1,953) to ethnic Khmer people for growing vegetables and raising cattle since 2016. It enabled 2,559 households, especially poor ones, escape from poverty.
Customer Thach Vo, an onion farmer in Tra Vinh Province's Duyen Hai District, has escaped from poverty after getting a loan from VBSP
Thach Thi Dung of Cau Ke District’s Hoa Tan Commune is among those who climbed out of poverty thanks to a loan of VND 8 million from VBSP. She used this loans to improve the soil in her land and switch to vegetable cultivation from rice. Now, three years later, she earns an income of VND 3.5 –VND 4 million a month.
Thach Vo’s family in Duyen Hai District got a loan and began to grow vegetables, and now earns VND 80–100 million a year.
The province spent another VND 18 billion (US$762,380) on works to improve the socio-economic status of the Khmer in Tra Cu District.
Kim Ngoc Suong, head of the district People’s Committee’s division for ethnic minority people’s affairs, said VND 14.5 billion was spent to upgrade 18 streets, the drainage system and a cultural house. The rest of the money was used to lend to disadvantaged Khmer households for cultivating vegetables and breeding cattle, she said.
The population of the district is 62 per cent Khmer compared to 31.5 in the province. Since 2018 alone the number of poor Khmer households in the province has reduced by 10,000.
vietnamnews.vn
- The Financial Awareness Program: "Understand to Avoid Being Deceived"
- VBSP successfully implements Digital Education Program - Go Digital ASEAN for the vulnerable groups in Vietnam
- New opportunities for individuals completing their prison sentences
- Bringing a Warm Spring to the Poor
- The VBSP’s Board of Directors (BOD) held its regular meeting for the fourth quarter of 2024
- Annual Report 2022
- VBSP implements tasks for the year 2025
- The effectiveness of the job creation lending program
- The year 2024: VBSP achieves many outstanding achievements
- Dong Van rose out of poverty
- Women join hands to help each other in economic development
- VBSP’s financial services contribute to fighting against black credit
- VBSP Danang fights against Covid-19 pandemic
- Pilot program for potential customers before working in the Republic of Korea
- Local resources need to be strengthened to support the poor and other vulnerable groups affected by Covid-19
- Hanoi entrusts VND 650 billion through VBSP to fight against COVID-19
- Preferential credit helps the poor increase income
- The proposal on supporting 6 target groups affected by Covid-19 pandemic
- VBSP actively joins hands to prevent the Covid-19 pandemic
- Vietnam to compensate Covid-19 job loss with monthly allowance
- The Financial Awareness Program: "Understand to Avoid Being Deceived"
- VBSP successfully implements Digital Education Program - Go Digital ASEAN for the vulnerable groups in Vietnam
- New opportunities for individuals completing their prison sentences
- Bringing a Warm Spring to the Poor
- Annual Report 2023
- The VBSP’s Board of Directors (BOD) held its regular meeting for the fourth quarter of 2024
- Annual Report 2022
- VBSP implements tasks for the year 2025
- The effectiveness of the job creation lending program
- The year 2024: VBSP achieves many outstanding achievements
LENDING INTEREST RATE
|
||||||||||||||||||||
DEPOSIT INTEREST RATE
|
||||||||||