(HBO) - Preferential credit policy has accompanied poor and policy beneficiaries households in Hoa Binh, a mountainous province with many difficulties, for decades. It has become an important driving force to help the poor gradually overcome challenges, making steady progress in poverty reduction and hunger eradication.

 


Photo: Thanks to social policy loans, the family of Bui Thi Hoa, residing in Kho hamlet, Chi Dao commune (Lac Son district) has invested in animal husbandry and escape poverty.

Chi Dao is a remote commune of Lac Son district where people's living conditions are facing difficulty. Poor and near-poor households account for over 40 percent of the commune's population.

Quach Cong Thai, Chairman of the commune People's Committee, emphasised that social policy loan is one of the most important driving forces in the commune's hunger eradication and poverty reduction.

In recent years, thanks to access to social policy loans, many poor, near-poor households and social beneficiary policy families have raised buffaloes and cows, pigs and chickens, and growing doi (Talauma), also known asMichelia Tonkinensis,for economic development and increase their income.

Up to now, the total outstanding loans under social policy credit programmes in the commune has reached over 11 billion VND with over 500 households receiving loans. According to the chairman of the commune People's Committee, as many people lost their jobs due to the COVID-19 pandemic, the timely disbursement of policy capital has helped reduce difficulties for them.

Not only people in Chi Dao commune but also those in other localities have benefit from social policy loans.

The COVID-19 pandemic has affected all aspects of people’s social life over the past two years, however, the Vietnam Bank for Social Policies’ branch in Hoa Binh province has strived to mobilise sources and provide loans for poor households and other policy beneficiaries.

Nguyen Minh Hung, Director of the branch said the total outstanding loan balance from policy credit programmes in the province has surpassed 3.5 trillion VND (over 153.8 million USD), with over 123,000 needy households as borrowers.

From the beginning of the year until now, the loan turnover has reached over 896 billion VND, helping over 25,000 customers access loans for production, business, and social security.

Through preferential credit policy, nearly 2,000 workers got jobs and over 12,000 clean water and environmental sanitation works were constructed. As many as 19 houses were built, 39 workers were able to go abroad for working, and 31 students and students in difficult circumstances could continue study thanks to such loans.

Social policy loans have continued to make practical contributions to sustainable poverty reduction, acting as a driving force to accelerate the progress of the new-style rural development programme as well as to limit shark loans in the province./.

 


Related Topics


Awarding the Online Competition on preventing and controlling the Family Violence in 2024

In the afternoon of December 17, the Department of Culture, Sports and Tourism organized a summary and awarding ceremony for the Online Competition on preventing and controlling the Family Violence in 2024.

A lot of creative models supporting female members in accessing health insurance

Implementing the Resolution of the 17th Provincial Party Congress to reach a health insurance coverage rate of 95% or more of the population, the Women's Union at all provincial levels has deployed the creative models and methods and effectively replicated them. These activities not only contribute to completing the social security goals, but they also spread the spirit of solidarity and sharing in the community.

Hoa Binh strives to complete district medical centre projects on schedule

Hoa Binh is carried out investment projects to upgrade three district medical centres in Lac Son and Yen Thuy districts and Hoa Binh city. The projects are funded by the central budget under the Economic and Social Recovery and Development Programme, aiming to improve healthcare services. The goal is to gradually develop a system of modern and quality district-level healthcare facilities.

Diverse recreational activities for elderly people

To improve the cultural and spiritual life of the elderly, the associations for the elderly at various levels in Hoa Binh province have created many interesting and meaningful activities, attracting the participation of a large number of old people. These activities provide opportunities for them to improve both their physical and mental health, enabling them to live happily and healthily.

Hoa Binh workers to head to RoK for seasonal farming jobs

The pilot programme for sending Vietnamese workers to the Republic of Korea (RoK) for seasonal agricultural jobs continues under a collaboration between localities of the two countries, running for five years from January 1, 2022.

Hoa Binh province records first cornea donation

Staff of the Red Cross Society of Hoa Binh province were deeply moved by a meaningful and humanitarian act by Mr Vu Huu Lung, 86, in Hoa Binh city, to donate his corneas, which brought hopes to those yearning for the light. Before passing away, Lung left behind a noble wish to donate all of his organs, including his corneas, to help patients suffering from blindness and those in need of organ transplants to revive their lives.