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Updated: 2020-04-11 11:17:43

Women join hands to help each other in economic development

(VBSP News) Women's Union in Hoi An city, Quang Nam province has many practical activities to support women in economic development and sustainable poverty reduction.

Making lanterns brings income and improves living conditions for many women in Hoi An city

In the past 5 years (2014 - 2019), Hoi An city Women's Union has coordinated with VBSP to promote activities of exploiting, mobilizing and managing capital sources for women to help them develop the economy through the national targeted program on hunger eradication and poverty reduction and job creation.

Specifically, through the Women's Union,VBSP disbursed more than VND 47.6 billion for 1,690 households to help the women develop production and business and escape from poverty. Up to now, the outstanding loans managed by Hoi An city Women's Union have reached nearly VND 52.5 billion with 1,778 active borrowers, accounting for more than 50% of the total outstanding loans from VBSP branch in the city.

In addition, over 9,000 members contributed to revolving fund and savings with the amount of more than VND 40 billion. Therefore, thousands of women could get jobs and improve their lives.

From those practical activities, in the past 5 years, the city's Women's Union has supported 241 households to stabilize their lives. Up to now, 115 households have escaped from poverty or became near-poor ones.

Besides, there are also many activities of law propaganda and education aimed at reducing domestic violence, breaking laws, as well as raising awareness and responsibility in protecting the environment and food safety.




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