People in Yen Nghiep commune (Lac Son) invest
in growing purple sugarcanes for an average income of 150 million VND a
hectare.
In order for people to have access to capital
from the Social Policy Bank, the commune has built 17 savings and loans teams.
In particular, the Women's Union manages 5 teams, the Farmer Association
manages 5 teams, the Veterans Association manages 2 teams and the Youth Union
manages 5 teams. The savings and loans teams all have the balances of savings
accounts of over 430 million VND. In addition, the commune has implemented 7
policy credit programs with the total debt of 14,623 million VND, without
overdue debts. The good management and promotion of the effectiveness of policy
capital has created a safe, effective and reliable capital channel, credit and
policy management. Through the entrusted activities of the Social Policy Bank,
the social organizations in the commune have paid more attention to the
members. The content of the Association's meetings is richer, integrating to
implement other political tasks. In the group meetings, beside the information
on new policies and guidelines of the bank, the members also share production
experience, creating high community and confidence for members in the teams.
The chairman of Yen Nghiep People's Committee
Bui Van Chuong says that it can be affirmed that the State's preference capital
source has helped people to have conditions to develop production, get rid of
poverty and improve the quality of life. The households have access to
preference credit programs for the poor households and the policy beneficiaries
use them for the right purposes, promoting their effectiveness. This is one of
the helpful credit channels supporting the commune to reduce the poverty,
creating opportunities for people to promote and exploit the potentials and
advantages for economic development. By the end of 2018, the commune's per
capita income reached 32 million VND a year, the rate of poor households was over
11%.
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