Photo: Bui Van Cuu, Vice
Chairman of the provincial People’s Committee and head of the representative
board of the provincial Bank for Social Policies, presents certificates of merit
to excellent individuals.
Bui Quang Vinh, Deputy General Director of the Vietnam Bank for Social
Policies, hands over certificates of merit to typical individuals.
After 15 years of carrying out the preferential
credit policy, the provincial Bank for Social Policies has deployed 15 credit
programmes with total outstanding debts of nearly 2.7 trillion VND and overdue
debts of 3.5 billion VND, accounting for 0.13 percent of total outstanding
debts. In the past 15 years, more than 426,000 impoverished households and
policy beneficiaries have been provided with loans by the bank. These loans
have helped over 90,000 families get out of poverty (poverty rate dropping by 3
percent on average annually), create jobs for 73,000 labourers and support the
poor in building 19,000 houses as well as 90,000 clean water and environmental
sanitation works.
Nearly 1,000 labourers were provided with soft loans to work abroad. Some
35,000 disadvantaged students were enabled to go to school thanks to the loans,
while more than 8,000 ethnic minority households were assisted in production
and business activities.
During 2017-2020, the province has set a target of providing vital products and
services of the Bank for Social Policies for all of poor people and policy
beneficiaries.
Secretary of the provincial Party Committee Bui Van Tinh stressed that the
credit programme has affirmed its role in the province’s socio-economic
development, ensuring social security and implementing the national target
programme on sustainable poverty reduction and new style rural area building.
Tinh hoped that in the coming time, the Vietnam Bank for Social Policies will provide
more funds for the poor to step up production, making contributions to
effectively implementing Instruction No. 40-CT/TW of the Party Central
Committee’s Secretariat on enhancing the Party’s leadership in social policy
credit programmes and promoting communication works for credit activities to
ensure sufficient capital for the beneficiaries.
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