News & Events
VBSP’s inclusive finance in Tuyen Quang province
(VBSP News) Nearly 18 years of operation, up to now, VBSP branch in Tuyen Quang province has total outstanding loans of VND 2,749 billion, an increase of VND 251 billion compared to the same period in 2019 with 76,636 active borrowers at 2,424 Savings and Credit Groups. The local budget transferred to VBSP also reached VND 43 billion.
VBSP branch in Tuyen Quang province disburses loans at commune transaction points
Mr. Phung Thanh Van's family, the Dao ethnic group in Xuan Phu commune, Na Hang district, borrowed VND 50 million from VBSP to adopt fish on Gam river
Three years ago, Mr. Ngo The Tin's family, the Tay people in Phieng Bung village, Nang Kha commune, Na Hang district borrowed VND 50 million to raise buffaloes. As a result, his family has escaped poverty sustainably
Thanks to VBSP’s poor households lending program, Ms. Hoang Thi Phong, the Tay people in Nang Kha commune has renovated maize gardens. Therefore, her family life has been gradually improved
Ms. Hoang Thi Phong's family also built a spacious house
Borrowing VND 50 million from VBSP in Na Hang district, Mr. Phung Thanh Tien's family, the Dao ethnic group in Xuan Phu developed fishing
Thanks to VBSP’s loans, many households have boldly developed their economy to improve their livelihoods
Mr. Chau Thanh Phuong, Tay people in Na Kem village, Khuon Ha commune, Lam Binh district borrowed VND 50 million to buy machines to make household appliances
Mr. Phuong often shares his experience in borrowing and using loans with the others
vbsp.org.vn
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- Effectiveness of Loan Capital for Formerly Incarcerated Individuals
- Eliminating temporary and dilapidated houses with policy credit funds
- Policy credit supports ethnic minority youth in starting businesses
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