(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./.
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.
