(HBO) - According to the transaction office in Cao Phong district of the bank for social policies, total outstanding loans provided for policy beneficiaries in the locality reached nearly 311.8 billion VND as of the end of June 2021, equivalent to 100 percent of the target set for the year, and up 20.5 billion VND from the figure reported in the end of 2020.

During the period, growth was seen in a number of credit programmes, including loans for near-poor households (up 4.6 billion VND), loans for building water,sanitationandhygiene facilities (up 7.9 billion VND), loans for business households in difficult areas (up 9.7 billion VND), and creating jobs (up 1.3 billion VND).

Meanwhile, credit programmes reported decreases in outstanding loans include those providing housing support for poor households (down 1.6 billion VND), loans to ethnic minority households (down 1.4 billion VND).

During the period, as many as 2,417 poor households, near-poor households and other policy beneficiaries in Cao Phong district accessed socialpolicyloanstotaling 80 billion VND with each household averagely receiving 33 million VND.

Loans was disbursed swiftly, helping 1,180 poor and near-poor households, and those in disadvantaged areas further invest in production and business, and contributing to constructing over 2,100 clean water and environmental hygiene projects for rural households./.


Related Topics


Kim Boi district maintains stable, sustainable economic development in forestry

Anyone found to be encroaching upon the forest, even if it is just one bamboo shoot, will face penalties. This commitment has been unanimously added into the covenant of Bua Cau hamlet, Hung Son commune in Kim Boi district, to protect the forest.

Hoa Binh Power Corporation gears up for hot season

The Hoa Binh Power Corporation (PC Hoa Binh) has applied synchronous measures to gear up for the coming summer season when power consumption demand surge may cause a risk of power supply disruption.

Starting business from hometown specialty

Appreciating the abundant potential and strengths of his hometown for tourism development, Ha Cong Hung, Deputy Secretary of the youth union of Mai Chau district’s Mai Hich commune, embarked on producing smoked meat with a desire to introduce his homeland's specialty to domestic and international tourists.

Huge potential to boost chilli export to RoK

Hoa Binh farmers are investing big in their chilli pepper cultivation areas after the first batch of 7.5 tonnes of pickled chilli peppers was shipped to the Republic of Korea (RoK) by Tien Ngan Trade and Investment Co., Ltd last month.

Hoa Binh improves effectiveness of collective economy

Recognising the role and importance of developing the collective economy, the northern province of Hoa Binh has promptly issued support policies to propel the development of the economy, making important contributions to local socio-economic development.

PM attends groundbreaking ceremony for electronic PCB factory in Hoa Binh

Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.