(HBO) - According to the Hoa Binh branch of the Bank for Social Policy, as of the end of July, total outstanding loans in social policy credit programmes surpassed 3.1 trillion VND (133.50 million USD), which were allocated to more than 137,830 borrowers.
In the first seven months of this year,
loans under those credit programmes totalled 653.29 billion VND (28.05 million USD),
with 20,410 poor households and social policy beneficiaries receiving loans.
Some credit programmes recorded strong
growth, notably those targeting families near the poverty line or just escaping
poverty, households engaging in production and business in disadvantaged areas,
along with programmes for clean water and rural environmental hygiene.
Credit of social policy programmes has
helped create jobs for 614 workers and 29 disadvantaged students continue their
studies.
In addition, nearly 6,890 clean water and hygiene
works were built or repaired in rural areas, along with 406 new houses for poor
families.
Thousands of households in remote and disadvantaged
areas received loans to start their business, thereby overcoming their difficulties
and raising their livelihoods. The source of credit also contributed to curbing
shark loans and effectively implementing the national target programme on sustainable
poverty reduction and building new-style rural areas in the province./.
Vice Secretary of the provincial Party Committee and Chairman of the provincial People's Committee Bui Van Khanh chaired the regular October meeting of the provincial People's Committee to review 2024 socio-economic performance.
Taking advantage of favourable weather conditions, constructor is speeding up the construction of technical infrastructure at Tien Tien industrial cluster in Quang Tien commune of Hoa Binh city. So far, the construction of important infrastructure works in the industrial cluster such as the operation office, wastewater treatment plant, power supply system, clean water supply system, fire prevention and fighting system, rainwater drainage system, and internal traffic roads has been completed.
Numerous credit solutions have been implemented by local banks in Hoa Binh province to support individuals and businesses affected by Typhoon Yagi. These measures include debt rescheduling, providing in-depth financial advice, and offering interest rate reductions based on the extent of damages.
Starting from nothing and persevering through a challenging entrepreneurial journey, Bui Van Nhung, a teacher and Party member in Lac Son district’s Nhan Nghia commune - has built Nhung Van Co. Ltd. into a respected provider of high-quality products. Driven by his passion and determination to overcome poverty, this young Party member has blazed a new trail, inspiring the aspirations of farmers across Mường Vang.
In November 8, at Kim Boi District Stadium, the Department of Industry and Trade and the People's Committee of Kim Boi District, Hoa Binh province jointly organized the opening of the Fair to display and introduce typical products of ethnic minority and mountainous areas.
Orange growers in Cao Phong district of Hoa Binh province have enjoyed a good harvest and good prices of the fruit this year.
