(HBO) – Over the past years, the credit programme for poor households has significantly contributed to poverty reduction and the implementation of the national target programme on sustainable poverty reduction in the northern mountainous province of Hoa Binh.
With
preferential loans from the Vietnam Bank for Social Policies (VBSP), people in
Toan Son commune, Da Bac district, Hoa Binh province, has invested in cow
breeding.
During
2002-2007, the province gave loans of more than 2.4 trillion VND to 217,370
households, with debt collection at over 1.6 trillion VND and outstanding debt
exceeding 863 billion VND, making up 32.4 percent of total outstanding debt.
At
the end of March 2018, accumulated outstanding debt of the programme was more
than 873 billion VND, with 33,018 households in debt, each with 26 million VND.
To
help eligible people access credit loans, improve the quality of credit loans and
support the poor in the context of reduced management and social costs, the
bank has launched entrusted loans via four social-political organisations.
At
the same time, transaction venues have been set up in 210 wards, communes and
towns, which publicise preferential credit policies and address relevant
procedures. More than 90 percent of transactions of the bank have been handled
at these sites with the same quality as in the headquarters.
Vu
Dinh Hoai, Director of the bank’s provincial chapter, said the programme has
opened up opportunities for poor households to access preferential loans,
meeting their demands for capital for production and education while creating
conditions for them to improve living standards and escape from poverty.
Between
2002-2017, more than 90,000 households in the province escaped from poverty,
and the rate of poor households dropped by 3 percent annually.
It
can be said that the credit programme has created a momentum for the poor
households to develop economy and reduce poverty sustainably, he said.
However,
Hoai added that to make the best use of the loans, the localities should pay
attention to vocational guidance, integrate agricultural and forestry
programmes, encourage people to shift economic structure, effectively utilise
local potential and strength, and accelerate poverty reduction./.
The people in Hoa Binh province are aware of the need to build and preserve the cultural traditions and unique customs of their communities, especially those related to ethnic identities and family values which serve as foundation for a vibrant, tradition-rich Hoa Binh, enriching community life. In recent years, the province’s Party Committee, authorities, and residents have paid heed to building and developing family values and fostering human standards in the new era.
The festival of great national solidarity and culture in 2024 was held at the communal house of Da Bac district on November 5. Vice Chairman of the provincial People’s Committee Nguyen Van Toan and leaders of departments and sectors attended the event.
The Labor Federation of Da Bac district has focused on protecting workers' rights while actively participating in patriotic emulation movements to enhance the creativity and productivity of the local workforces across agencies, organisations and enterprises.
In recent years, the Women's Union of Yen Thuy district has actively contributed to the implementation of the National Target Program on building new the rural areas. The Union's activities not only help raise awareness of environmental protection for the members, the women, and the people but they also contribute to improving the appearance of rural areas and improving the quality of life.
The model of intergenerational self-help club (ISC) has been expanded in Mai Chau district over recent times, contributing to sharing and motivating the disadvantaged people, especially the elderly, to improve their lives.
Following President Ho Chi Minh’s teachings that emulation is patriotism, patriotism requires emulation, the trade union at all levels in Hoa Binh has effectively implemented patriotism emulation movements, especially the "effective, creative working” movement. Responding to the movement, local workers, public servants, and officials have proposed many creative and applicable ideas, helping spread the movement to all agencies, units, and businesses.
