Hoa Binh boosts economic empowerment for women

8/15/2024 - 6:40:31 PM

Local women’s unions at various levels have effectively leveraged their roles to connect resources, support members, and foster economic development. Through practical initiatives, they are helping women get out of poverty and build legitimate wealth, increasingly asserting their positions in various social aspects.

A local pig farming model in Bai Khua village, Dinh Cu commune, Lạc Son district, creates a stable income for family

Kha Thi Luan, Vice President of the provincial Women's Union, said the "Supporting Women Start-ups for 2017-2025" project (Project 939) features annual activities such as awareness campaigns, training sessions, workshops, forums, promotional markets, product sales connections, and brand building. Over the past half of the term, the union has empowered 824 women entrepreneurs, cooperative managers and business owners. Additionally, more than 600 women have received support to start businesses through seeds, capital and financial access. Notably, 102 women joined a startup competition held by the Central Committee of the Vietnam Women’s Union and the provincial Women’s Union, with 28 ideas winning awards successfully transforming into businesses. These ventures focus on agriculture, tourism, and medicinal plants.

The union has also facilitated the establishment of nine women-led or managed cooperatives and 143 new models, including 27 cooperatives, 40 cooperative groups, and 76 linked groups, concentrating on agricultural production, handicrafts, services, and tourism. Many collective economic models and cooperatives have competed in startup competitions, developed high-quality products with labels, and achieved One Commune, One Product (OCOP) product rankings.

Impressively, it has helped 1,679 households with poor women get out of poverty and assisted 1,314 near-poverty households in improving their status.

Moreover, it has facilitated access to preferential credit from banks like the Vietnam Bank for Social Policies, the Ministry of Agriculture and Rural Development, and Lien Viet Bank. The total outstanding loan amount exceeds 1.975 trillion VND (82.2 million USD), benefiting 32,453 members in economic development.

Looking ahead, the all-level women's unions will focus on the 2017-2025 women’s start-up support project, collaborate with sectors and organisations to pool resources, provide vocational training, transfer technical knowledge, offer household economic management education, and create job opportunities for women. These efforts will contribute to the effective implementation of national target programmes on sustainable poverty reduction and rural development.

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