(HBO) – Over the past years, the credit programme for poor households has significantly contributed to poverty reduction and the implementation of the national target programme on sustainable poverty reduction in the northern mountainous province of Hoa Binh.
With
preferential loans from the Vietnam Bank for Social Policies (VBSP), people in
Toan Son commune, Da Bac district, Hoa Binh province, has invested in cow
breeding.
During
2002-2007, the province gave loans of more than 2.4 trillion VND to 217,370
households, with debt collection at over 1.6 trillion VND and outstanding debt
exceeding 863 billion VND, making up 32.4 percent of total outstanding debt.
At
the end of March 2018, accumulated outstanding debt of the programme was more
than 873 billion VND, with 33,018 households in debt, each with 26 million VND.
To
help eligible people access credit loans, improve the quality of credit loans and
support the poor in the context of reduced management and social costs, the
bank has launched entrusted loans via four social-political organisations.
At
the same time, transaction venues have been set up in 210 wards, communes and
towns, which publicise preferential credit policies and address relevant
procedures. More than 90 percent of transactions of the bank have been handled
at these sites with the same quality as in the headquarters.
Vu
Dinh Hoai, Director of the bank’s provincial chapter, said the programme has
opened up opportunities for poor households to access preferential loans,
meeting their demands for capital for production and education while creating
conditions for them to improve living standards and escape from poverty.
Between
2002-2017, more than 90,000 households in the province escaped from poverty,
and the rate of poor households dropped by 3 percent annually.
It
can be said that the credit programme has created a momentum for the poor
households to develop economy and reduce poverty sustainably, he said.
However,
Hoai added that to make the best use of the loans, the localities should pay
attention to vocational guidance, integrate agricultural and forestry
programmes, encourage people to shift economic structure, effectively utilise
local potential and strength, and accelerate poverty reduction./.
In recent years, Thung Nai commune on has undergone significant changes in its appearance, landscape, and lives of local residents. Road 435 from Hoa Binh City to Tan Lac district’s Suoi Hoa commune, passing through the Thung Nai commune, has helped attract many tourists to the area.
A seminar on promoting the startup movement among high school students has been held recently by the provincial Department of Education and Training and the Vietnam National University of Agriculture at Tan Lac High School in Tan Lac district of Hoa Binh province.
In the morning of April 24th, at Uncle Ho’s Monument on Hoa Binh Hydroelectric Project, Vietnam Youth Federation coordinated with Hoa Binh Youth Federation to organize the journey "I love my Fatherland” to celebrate the 70th anniversary of Dien Bien Phu Victory.
From the fact that the market takes place only every Tuesday, Bo market in Van Son commune (Tan Lac) officially takes place every Sunday from March 24. Thereby, the aim is to turn the market into a place promoting the cultural identity of Muong people in Hoa Binh and the consumption of goods and products of the neighboring communes, meeting the needs of tourists for the local products when travelling to Van Son at weekends.
Nguyen Van Toan, Vice Chairman of the provincial People's Committee, chaired a meeting of the Steering Committee on Population and Development.
