Yen Binh has nearly 13 thousand households invested in policy capital

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YenBaiWith a specific organizational model and credit management method, the Bank for Social Policies (VBSP) of Yen Binh district has coordinated well with the Women’s Union, Farmers’ Union, Veterans’ Association and Youth Union. years in the process of implementing entrusted lending content to poor households and other policy subjects.



Farmers in Vinh Kien commune borrowed capital from the Social Policy Bank to raise buffaloes

Determining that commune transaction activities are the key step in transferring policy credit capital sources to local people, the Hooin Representative Board, co-management of the district Social Policy Bank, has directed the People’s Committees of communes and towns to create favorable conditions. to the hall to serve transactions, ensuring security and order, safety of people and property during the performance of tasks.

By the end of March 31, 2024, the total outstanding debt of policy credit programs reached: 725,168 million VND, 12,889 customers borrowed capital with 16 credit programs. In the first quarter of 2024, total loan revenue reached 20,820 billion VND with 1,010 customers receiving loans.

Continuing to effectively implement Directive No. 40-CT/TW dated November 22, 2014 of the Party Central Committee Secretariat on strengthening the Party’s leadership over policy credit, right from the beginning of 2024, the Party Central Committee’s The district representative directed the District Bank for Social Policies Transaction Office to coordinate with the Finance and Planning Department to advise the District People’s Committee to transfer 600 million VND from district books to entrust loans to poor households and policy beneficiaries, reaching 100%. assigned plan, increasing the district’s total entrusted funding to 3,893 million VND.

Le Phien

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Tags: Yen Binh thousand households invested policy capital

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