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Projects Management

Updated: 2016-08-04 10:34:06

VBSP: Coastal wet land development

VBSP received an amount from total USD 650,000 of Supporting Social Fund of DANIDA grant to implement Coastal wet land development project (CWPD). The project objectives are to provide credit for the poor households in project area for income generation such as: planting, animal husbandry, small scale industry and small business that must be appropriate with the general target of wet forest protection.

The project scope includes 21 communes of 12 districts in four provinces: Tra Vinh, Soc Trang, Bac Lieu and Ca Mau. The total outstanding loans of the project reached 1.1 billion dongs with 221 active borrowers.

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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...