Credit officers - a bridge to bring capital to support the people of Xuan Loc

(Baohatinh.vn) - In the journey of poverty reduction in Xuan Loc commune, the team of credit officers has become the "bridge" bringing policy capital to the people, helping many families have the opportunity to rise up and stabilize their lives.

Having been involved in the work of the Women's Union for many years, it was not until 2018 that Ms. Dang Thi Thuy Nga - Vice President of the Women's Union of Xuan Loc commune was directly in charge of the entrusted capital of the Social Policy Bank through the channel of the Women's Union of the commune.

Ms. Dang Thi Thuy Nga - Vice President of Xuan Loc Commune Women's Union (far right) and union officials review loan sources.

Recalling the first days of taking on the task, Ms. Nga considered it the most challenging time. “When I was assigned to manage capital resources, it was like starting a completely new job. The biggest difficulty was the lack of knowledge about credit operations, capital management processes and risks in directing and operating entrusted activities…” - Ms. Nga shared.

However, with the attention and direction of the local Party Committee and government, the enthusiastic support of the staff of the Social Policy Bank, and the process of self-study, staying close to the grassroots and accumulating experience every day, Ms. Nga quickly grasped the profession. Up to now, the work has become routine, the loan groups under her charge operate effectively, there are almost no overdue debts, and members trust her. She has also become a solid "bridge" for preferential capital flows in the locality.

Accompanying Ms. Dang Thi Thuy Nga - Vice President of the Women's Union of Xuan Loc commune in the journey of bringing policy capital to the people is also a network of women's union cadres in each hamlet. They are the ones who stick to the grassroots, directly close, listen and accompany the members in every step of the economic development journey. Opening a new path to contribute to changing the lives of the people starts from stories over a cup of green tea at the union activities or village meetings. There, union cadres patiently explain the loan policy, guide how to prepare documents, and develop a plan to use capital to suit the conditions of each family.

Ms. Nguyen Thi Quyen - Head of the Women's Union of Yen Binh village (far left) regularly visits households borrowing capital to visit and closely monitor the economic development process.

Ms. Nguyen Thi Quyen - Head of the Women's Union of Yen Binh village shared: "After nearly 10 years as the head of the loan group, I am familiar with each family and each situation. I also understand the loan needs and investment purposes of the people, at the same time closely monitor the economic development process and support them in collecting principal and interest on time. Up to now, the group's outstanding debt has reached 1.7 billion VND. Witnessing the efforts of the families in promoting the effectiveness of the loan source, I have more motivation to continue to trust and accompany them."

In charge of a 35-member loan group with a capital of more than 2 billion VND, Ms. Nguyen Thi Huong - Head of the Women's Association of Tra Duong village is also one of the typical members with a comprehensive business model. Because for her, accessing capital not only helps improve her family's life but also from the leadership of village officials will open the way for people to confidently and boldly borrow capital to develop the economy.

The capital has helped many families eliminate mixed gardens, build model gardens, and increase income. ( In the photo: model garden of Mrs. Tran Thi Ngoc's family in Chi Le village ).

Ms. Huong shared: "From the branch meetings and loan group meetings, I also have a better understanding of the aspirations and difficulties of the members to promptly accompany and support them. Up to now, our group's capital has been used effectively, supporting production and business households, increasing income and gradually improving their lives. Many families have been able to expand production, stabilize and gradually change the economic appearance of the village."

Up to now, the total outstanding debt of capital sources in Xuan Loc commune has reached nearly 300 billion VND, with nearly 70 loan groups operating in villages and hamlets. Of which, the outstanding debt of entrusted capital through the Social Policy Bank has reached 85 billion VND, the outstanding debt at the Bank for Agriculture and Rural Development is more than 200 billion VND, along with other credit funds. These capital flows have become an important "lever", helping people to boldly invest, expand production and develop the family economy.

The Quoc Thach agarwood production model of Quoc Thach Production - Trading Joint Stock Company in Tra Duong village creates regular jobs for 12 workers.

Mr. Dang Danh Quoc, owner of Quoc Thach Production and Trading Joint Stock Company in Tra Duong village, shared: “In 2022, we will have access to preferential capital sources and job creation capital to invest in expanding agarwood production. Up to now, the facility has built a brand and exported to the Taiwanese market. Not only has it improved the quality of life of our family, but we have also created regular jobs for 12 local workers.”

Also with a 100 million VND loan from the Social Policy Bank, Ms. Hoang Thi Lieu in Binh Yen village has successfully started a business with a food service business model. She confided: “Thanks to the effective use of the loan capital, we have now expanded our restaurant business, accepted wedding party bookings and opened a beverage shop. The family business also creates stable jobs for 10 workers.”

Xuan Loc commune's appearance is increasingly improving.

The stories from Tra Duong, Binh Yen and many other villages in Xuan Loc are just a small part of the journey of effectively spreading policy credit capital. From the responsible participation of association officials, loan group leaders to the efforts of each household, preferential capital has truly reached the right people, the right needs. Thanks to that, the economic appearance of the commune is increasingly improving, many new business models are formed, many families have gradually escaped poverty sustainably, and become rich right in their homeland.

Source: https://baohatinh.vn/can-bo-tin-dung-cau-noi-dua-dong-von-tiep-suc-cho-nguoi-dan-xuan-loc-post300472.html