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lending to the poor
Updated news related to lending to the poor
Focusing resources to meet the loan needs of poor households and policy beneficiaries
(Baonghean.vn) - Speaking at the regular meeting of the Board of Directors of the Provincial Policy Bank, Vice Chairman of the Provincial People's Committee Bui Thanh An requested relevant departments and branches to focus resources to meet the loan needs of poor households and policy beneficiaries.
Economy
Increase maximum loan amount for poor households to 100 million VND
From March 1, 2019, the Vietnam Bank for Social Policies increased the maximum loan amount for poor households from 50 million VND/household to 100 million VND/household without loan collateral.
Effectiveness of entrusted capital for lending to the poor
(Baonghean) - Identifying capital as an important factor in creating conditions for members to develop the economy, Farmers' Associations at all levels have done a good job of receiving loans from the Bank for Social Policies for the poor and other policy beneficiaries through capital from the Bank for Social Policies. Thanks to that, members have access to preferential capital sources, access to science and technology, business methods, proactively rise up to escape poverty, and stabilize their lives.
Outstanding loans for poor households reach nearly 2,000 billion VND
(Baonghean.vn) - The Nghe An branch of the Vietnam Bank for Social Policies said that since the beginning of the year, outstanding loans have reached VND1,378 billion with 47,000 poor households and policy beneficiaries receiving loans for production and business investment, of which loans to poor households have outstanding loans of nearly VND2,000 billion.
1,146 billion VND in loans for poor and near-poor households
(Baonghean.vn) - In 2015, lending turnover from policy banks in Nghe An reached 1,948 billion VND, equal to 110% compared to the same period last year. Of which, 1,146 billion VND was lent to poor and near-poor households.
Strengthening loan groups, increasing credit growth for poor households
On the afternoon of July 10, the Board of Directors of the Bank for Social Policies of Nghe An province held its 35th meeting to evaluate the credit policy situation in the first 6 months of the year and deploy tasks for the third quarter of 2013.
Summary of 10 years of implementing entrusted lending to the poor
(Baonghean.vn) - On the afternoon of June 28, the Provincial Youth Union Standing Committee held a summary of 10 years of implementing entrusted loans for the poor and...
More than 12,000 billion VND in loans for the poor
January 1, 2013 12:13
In 2012, the Vietnam Bank for Social Policies disbursed VND12,703 billion to more than 80,000 poor households to borrow capital for production investment.
Thanh Chuong: Increasing capital for loans to poor households in resettlement areas
August 20, 2012 20:51
To help people in the two communes of Ban Ve Hydropower Resettlement Area stabilize their lives and escape poverty quickly, the Provincial Bank for Social Policies has prioritized increasing capital for lending to poor households. Thanh Chuong District People's Committee has also directed departments and offices to increase support and help people with techniques and production methods so that the loan capital can be used safely and effectively...
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