(HBO) - As one of four local organisations in charge of credit loans from the Vietnam Bank for Social Policies (VBSP), the Hoa Binh farmers’ associations have closely followed the provincial socio-economic goals and worked with the bank in directing its chapters at all levels to implement measures to help poor families access the preferential loans.

From the VBSP’s preferential loans, farmers in Yen Thuong commune, Cao Phong district, have invested in buffalo and cow breeding to stabilise their lives.

As of the end of September, the total outstanding credit managed by the association amounted to 807.7 billion VND (34.7 million USD), with the number of borrowers reaching 27,062 and the amount of overdue debts hitting 771 million VND.

As a result, needy residents have promptly enjoyed preferential credit policies to overcome poverty./.

 

 

 


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