Nghia Dan: Outstanding policy credit balance of over 377 billion VND
(Baonghean.vn)- The average growth rate of policy credit capital in Nghia Dan area reached 27.5%, of which nearly 6,000 poor households received loans.
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| Many models of production development to eliminate hunger and reduce poverty in Nghia Dan were built from policy loans. Photo: XH |
The credit program for lending to poor households and policy households in Nghia Dan area has made an important contribution to the implementation of the national target program on sustainable poverty reduction, new rural construction, and ensuring social security.
By the end of July 2017, Nghia Dan Social Policy Bank had disbursed over VND 38,476 million, of which the outstanding loan balance for poor and near-poor households was over VND 177,916 million, with about 5,933 poor and near-poor households accessing preferential loans.
The loan amount has also been increased to suit the needs of borrowers, from 30 million VND/household to 50 million VND/household, with a maximum loan term of up to 60 months. In 15 years, Nghia Dan district has had over 17,034 poor households receive loans, with an amount of nearly 1,000 billion VND./.
Minh Thai
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