Efficiency from the capital of the “Farmer Support” Fund

The “Farmer Support” Fund (HTND) at all levels helps many members and farmers in the province receive loans at preferential interest rates to invest in production and business development, gradually increasing income. income, improve lives, and contribute to sustainable poverty reduction locally.

The Provincial People’s Fund Campaign Committee directs the campaign committees at all levels to focus on deploying to all levels, branches, organizations, individuals, philanthropists and assign specific targets to each level of the association to mobilize officials and workers. officials, civil servants, and armed forces each receive at least 1 day’s salary; each farmer household from 10 thousand VND; Good production and business households, production and service business households donate 30 thousand VND; Organizations, businesses, and cooperatives located in the area donate 2 million VND or more.

In 2023, the Provincial People’s Fund will mobilize 5 billion 810 million VND, reaching 116% of the plan. Of which, the provincial level mobilized 1 billion 779 million VND; District, City and grassroots levels mobilized 4 billion 131 million VND. To date, the total capital of the “People’s Cooperation” Fund at all levels in the province is managing 73 billion 544 million VND. From the fund source, the Association at all levels chose to build 98 models and projects with 787 turns of farmer households receiving loans, lending methods are increasingly large-scale, capital investment for a project is increased (maximum 100 million VND/household; maximum 2 billion VND/project).

From the “People’s Support” Fund, it contributes to creating jobs, increasing income, and gradually stabilizing the lives of students and farmers. Thereby, many advanced typical models have appeared that bring high efficiency such as: Buffalo breeding project in Dai Son commune (Quang Hoa) after 2 years of borrowing from the “People’s Cooperation” Fund, the buffalo herd had 32, 16 calves, many households have 3-4 buffaloes; Project on growing and processing vermicelli in Thanh Cong commune, Project on planting and caring for fruit trees in Vu Minh commune, Project on raising buffaloes in Tam Kim commune (Nguyen Binh); Project of growing anise trees and processing anise essential oil in Coc Pang commune (Bao Lac)… Models and projects that achieve good results not only help households repay the borrowed capital but also create conditions to help Students and farmers have the opportunity to expand and develop crops and livestock to increase their income and stabilize their lives…

Chairman of Bao Lam District Farmers’ Association, Mong Hai Chau, shared: The district’s Farmers’ Association has 153 branches with 9,500 members and HVs. Farmers mainly make a living from farming and animal husbandry, so they need capital to invest in production. Currently, the total amount of money managed by the District “People’s Cooperation” Fund is over 7 billion 300 million VND. Of which, the province’s source is 2 billion 250 million VND, the district’s source is nearly 4 billion 300 million VND… Thanks to good construction and capital management, many students trust and voluntarily support the construction of the “Fund”. HTND”. To date, the district has 20 projects “1 buffalo raising project, 18 cow raising projects, 1 goat raising project”, creating conditions for 119 students to have jobs, increase income, improve their lives, and escape poverty. and get rich legitimately.

Chairman of the Provincial Farmers’ Association Duong Hung Dung said: In the coming time, the Provincial Farmers’ Association will continue to innovate the content and methods, improve the quality and efficiency of the “People’s Cooperation” Fund, developing the Fund more sustainably. become an important tool and means for the Association at all levels to promote the activities of the Association and the farmer movement through capital and scientific and technical support activities for farmers, production and business development, construction and Successfully replicate economic development models; Promote information and propaganda about the activities of the “People’s Support” Fund in many diverse and rich forms, such as: propaganda on Cao Bang Newspaper, Cao Bang Radio and Television Station, Provincial Farmers’ Association Website , leaflets, Electronic information page of Vietnam Farmers’ Association, Provincial Farmers’ Association… Striving to grow the fund in 2024 to reach 5 billion VND or more. Proactively survey the capital needs of farmers and farmers, build models and projects to lend capital to the “ND-Fund” Fund; Lending to the right subjects, using capital for the right purpose and effectively.

Minh Tuyen