With access to preferential loans, the family of Ngo Thi Hieu in Thanh Thang hamlet, Thanh Hung Commune, An Giang Province collects and produces handicrafts made from water hyacinth for export, creating jobs for more than 50 local households. Photo: Tran Viet – VNAA lending transaction session at Thanh Hung Commune transaction point of the VBSP Giong Rieng Branch, An Giang Province. Photo: Tran Viet – VNAThe family of Danh Ut, an ethnic Khmer resident in Thanh Loc Commune, An Giang Province, used preferential loans for job creation and to improve more than 2 hectares of rice fields, generating stable income. Photo: Tran Viet – VNAThe family of Vo Van Dung in Phuoc Tan hamlet, Thanh Loc Commune, An Giang Province, accessed preferential loans to raise breeding goats, generating good income. Photo: Tran Viet – VNAPreferential loans enabled the family of Nguyen Van Cuong in Tan Que hamlet, Thanh Dong Commune, An Giang Province, to convert 5,000 square metres of low-yield rice fields into cucumber cultivation, generating high annual income. Photo: Tran Viet – VNA
Policy credit - bright spot in implementing sustainable poverty reduction in An Giang
With the motto “Understanding the people, devoted service,”
over recent years the Vietnam Bank for Social Policies (VBSP) in An Giang
Province has coordinated with mass organizations to channel preferential loans
to the right beneficiaries, including poor and near-poor households and other
policy beneficiaries. Policy credit has helped borrowers invest in production
and business, shift crops and livestock, preserve and develop traditional
crafts, thereby contributing to sustainable poverty reduction, job creation and
social stability in the locality. Photo: Tran Viet – VNA
