(HBO) - Over the past years, the Government's preferential loans through the Social Policy Bank channel has accompanied with the farmers in An Nghia commune (Lac Son) in sustainable poverty reduction, contributing significantly to the construction of the local New Rural Area.

With the care and investment of the State, for many years, the local people have access to various loans, of which, preferential loans from the Social Policy Bank are the driving force for production development, hunger eradication and poverty reduction and to become rich. So far, the average income in the commune has reached at VND 27.5 million / person; the poverty rate reduced to 11.2%.



 

With preferential loans from the Social Policy Bank, farmers in Vo village, An Nghia commune (Lac Son) have invested in citrus trees for high economic efficiency.

 

At present, An Nghia commune has implemented 9 policy credit programs with 795 poor households and policy beneficiaries with loans, the total outstanding loans is over VND15.6 billion with 23 savings and loan groups. To grant preferential loans to the right beneficiaries, the associations and trustees of the Social Policy Bank to guide the group officials, the staffs of savings and loan groups to strictly follow the process and steps to entrust the loan. At the same time, they always create favorable conditions for members to participate in training courses on transferring science and technology on husbandry, cultivation, capital management methods, etc. Many members have changed their thinking, doing, converting the form of production and business, gradually improving and raising the standard of living life for families.

 The Chairman of the People's Committee of An Nghia Commune Mr. Bui Van Huan said that the preferential credit has been affirmed as an effective tool of the Party and the State in implementing the national target program on poverty reduction, job creation, social security and active contribution in socio-economic development in the area. From 2013 up to now, the whole commune has planted 48.42 hectares of oranges, lemons and grapefruit. In general, the local people have brought into full play the effectiveness of the capital source, exploiting the strengths of the commune and bringing about economic efficiency, stable incomes and improvement of living standards.

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