(HBO) - Over the past years, through the Social Policy Bank, many poor households in Da Bac district have access to preferential capital of the State. Thanks to the efficient use of the program loans, many households not only escape the poverty but also strive to become rich.

The officer of the Social Policy Bank of Da Bac district visited the model
of economic development of Mr. Nguyen Tri Hung, Doan Ket Residential Area - Da
Bac town with the loans from the Social Policy Bank.
Thanks to a
loan of 20 million VND to solve the problem from the Social Policy Bank , the
family of Mr. Nguyen Tri Hung, Doan Ket Residential Area, Da Bac town (Da Bac)
has overcome difficulties and stepped up to strive to become rich. Since
borrowing the loan, along with studying more about how to raise pigs, apply
science – technology to make wine and feed pigs with wine dreg, etc., now, his
family has a quite good economic condition in the area.
When being
asked about the use of bank capital, Mr. Hung said: "Thanks to the Social
Policy Bank, each year my family sold nearly ten tons of live pigs, at current
prices, we earned nearly 500 million VND per year, except the cost, we earned
about 100-200 million VND."
Talking to
Mr. Nguyen Binh Nam, the Director of the Social Policy Bank of Da Bac district,
we knew that the bank is the main bank for credit policy of the State, up to
now, the bank's total loans in the area is over 314, 3 billion VND, fulfilling
97% of the year - plan; increasing 21,487 million VND (7%) compared with the time
of 31 December, 2017. The outstanding debt guarantees 100% of the plan assigned
by the superior.
In the first
6 months of 2018, the whole district has 2,612 poor households, near poor
households and policy beneficiaries, who were entitled to borrow credit policy
loans, the loan amount reached 69.756 million VND, the average loan amount is
26.7 million VND /customer; building 724 new clean water works, 724 new
environmental sanitation works, 165 new houses for poor households, 663 jobs
have been created.
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