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Client success stories

Updated: 2016-03-10 09:23:32

Tuyet’s Family has escaped from poverty

In 1999, the husband of Mrs. Nguyễn Thị Tuyết, living in Phú Khánh hamlet, Hòa Tân Tây commune, Tây Hòa district, Phú Yên province, was dead from serious disease, leaving her 6 children. Since then, her family ran into misery and diffi

Receiving the loan, she purchased one cow at a price of VND 4 million and pigs for breeding.  Realizing their family met with difficulty and hardship, only their mother had to worry and shoulder everything, the children wanted to stop schooling to help their mother. Nevertheless, she always advised them to strive for learning hard to overcome poverty and misery. They understood her advice and continued learning and supported her in grass cutting, housework for family economic development, bringing about more money for schooling. The main food source for animal breeding is planting elephant grass, spinach and popcorn. Fortunately, by taking good care of animals, the animal breeding process did not meet with epidemic diseases, ensuring good breeding facilities and inoculation against epidemics.  

After 4 months, she earned profit of VND 1.2 million from selling 4 mature pigs, excluding expenses and then she continued to buy 6 pigs for breeding, bringing about incomes of VND 4.6 million per year. Moreover, while raising cows, her family ploughed by them without hiring like before; the previous loan for buying cows was VND 4 million, after 3 breeding years, bringing about profit of 3.2 VND million for her family.

As a result, the annual profits from selling cows and pigs were VND 5.6 million, and her family escaped out of poverty in 2005. Since then, the family economy has improved, she has afforded to give her children proper schooling, furnishing more spacious furniture than before and particularly buying a motorbike.

“Whenever thinking again, I am always grateful to the local government, Women Union and VBSP for facilitating my family to receive loans. Otherwise, my family would not have a stable life like today” – Tuyết confided. Simultaneously, she also proposed local authorities to concern more about single members of women union alike her and poor women, providing more capital sources, longer loan maturity and more loan amounts so that poor households have favorable conditions to develop family economy, raising more income, improving living standard, contributing actively to implementing the poverty reduction target of locality.

Women Union, Hoà Tân Commune



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


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


Term Deposit Rate
Overnight 3,04%/year
1 week 3,23%/year
2 week 3,5%/year