(HBO) – Over the past years, the Vietnam Bank for Social Policies (VBSP)’s branch in Luong Son district, the northern mountainous province of Hoa Binh, has successfully implemented the Government’s preferential loan programmes. Through entrusted organisations and associations, the loans have come to the right persons, helping them overcome difficulties and escape from poverty sustainably.
Duong
Quoc Lap, in Lam Truong village, Truong Son commune, Luong Son district, invests
in fruit tree planting.
Duong Quoc Lap, in Lam Truong village, Truong Son commune, Luong Son district,
got a loan of 30 million VND from the VBSP to plant nearly 2 hectares of
oranges and pomelos. His orchard is expected to generate about hundreds of
millions of Vietnam dong each year.
With simple and rapid procedures, long terms and low interest rates, the
preferential loans are necessary for poor households and social policy
beneficiaries in Luong Son district. Hundreds of local households have accessed
the loans and used them effectively.
Currently, the VBSP’s branch in Luong Son district is implementing 15 credit
programmes for social policy beneficiaries. Most of them have been entrusted
partially through political-social organisations, with entrusted loan balance
accounting for 99.2 percent of the total loan outstanding balance.
The district has 245 saving and lending groups in 20 communes and townships. At
the end of 2018, loans worth 68.5 billion VND were given to local households,
with accumulated loan outstanding balance exceeding 254.5 billion VND by 9,564
households. Debt collection was over 50.4 billion VND and overdue debts make up
only 0.1 percent of the total loan outstanding balance.
The bank and its entrusted organisations have instructed their staff to follow
procedures, and coordinated with relevant agencies to create favourable
conditions for members of the saving groups to participate in training courses
on husbandry, cultivation and capital management./.
Nguyen Van Toan, Vice Chairman of the provincial People's Committee, chaired a meeting of the Steering Committee on Population and Development.
Hoa Binh province’s Department of Education and Training on April 16 held a conference on the materialisation of the Prime Minister’s directive on the further implementation of the project on the application of population database, e-identification and e-authentication for national digital transformation in the 2022-2025 period with a vision to 2030. The provincial Department of Education and Training signs cooperation agreements on cashless tuition fee collection with partners and businesses.
Creating jobs for labourers in general and young people in particular is currently a focus of the province, with vocational training linked to job creation considered one of the strategic breakthrough solutions.
A total of 30 intergenerational self-help clubs (ISHC) have been established in Hoa Binh province under the project "Reducing Income- and Health-Related Vulnerability of Older Persons in Vietnam" (VIE071) since 2021.
Nguyen Thi Nu, a resident of Thach Ly sub-area in Da Bac township of Da Bac district, has been popular in the area as a simple woman that is rich in compassion. For nearly 10 years, she has spread her kindness through many charity activities to ease difficulties for the needy.
.jpg)
