Ensure smooth flow of policy credit capital

*Thanks to policy credit capital, many households in Nam Phuoc commune have the conditions to invest in building garment factories. Photo: VS*

Quick and convenient disbursement

In recent days, many people in Viet An commune have been present at the transaction point as usual to complete loan procedures with the Hiep Duc Social Policy Bank Transaction Office to invest in production and business... Ms. To Thi Yen in Nhi Phu village, Viet An commune was very happy when the Hiep Duc Social Policy Bank Transaction Office resolved to lend 100 million VND from the job creation support fund to expand the raw material forest planting model.

“When I heard about the merger of communes and the implementation of the two-level local government model, I was worried about when the capital would be disbursed and whether the loan procedures would change. However, with the enthusiastic guidance of bank staff to quickly complete the procedures, my family has more motivation to develop the forestry economy ,” Ms. Yen shared.

Over the past month, the transaction points of the Duy Xuyen Social Policy Bank have been operating normally, ensuring smooth flow of policy credit capital. Photo: PT

Not only Ms. Yen, many other households in Viet An, Hiep Duc, and Phuoc Tra communes also have the conditions to borrow policy credit capital. Mr. Ngo Quang Do, Deputy Director of the Transaction Office of Hiep Duc Social Policy Bank, said that currently, the total outstanding debt of 19 policy credit programs in the above 3 communes has reached nearly 410 billion VND (an increase of 16.9 billion VND compared to the beginning of 2025) with a total of 5,519 customers with outstanding debt.

Bringing capital to the people

Identifying preferential policy credit capital as a "lever" to support poor households and other policy beneficiaries to have conditions to invest in production and business development, Duy Xuyen Social Policy Bank Transaction Office closely follows the directives and instructions of superiors, quickly bringing policy capital to the right beneficiaries.

Mr. Nguyen Ba Tung, Director of Duy Xuyen Social Policy Bank Transaction Office, said that over the past time, the unit has made efforts to ensure that the provision of preferential capital to the people is not interrupted. Accordingly, the unit has quickly stabilized the organization, arranged a reasonable human resource structure, and ensured continuous operations to best serve the people.

Thanks to access to policy credit capital, many households in Hiep Duc commune have the conditions to invest in developing intensive cattle farming models, thereby increasing their income. Photo: VS

Along with that, the Duy Xuyen Social Policy Bank Transaction Office organized the signing of a joint document with the Women's Union, Farmers' Association, Veterans' Association, and Youth Union in 4 new communes of Thu Bon, Duy Xuyen, Nam Phuoc, and Duy Nghia on entrusting loans to poor households and social policy households. At the same time, coordinate with the police force and local authorities to ensure facilities, security, and safety for the implementation of transaction sessions.

According to Mr. Tung, by July 2025, the total outstanding balance of credit programs in the four communes of Thu Bon, Duy Xuyen, Nam Phuoc, and Duy Nghia reached 498.7 billion VND, an increase of 4.66% over the same period in 2024. "In general, the policy credit programs in the four above-mentioned localities have been changing the lives of poor households and other policy beneficiaries, becoming a fulcrum to help households borrow capital to develop production, improve income, and improve the quality of life," Mr. Tung acknowledged.

Source: https://baodanang.vn/dam-bao-thong-suot-nguon-von-tin-dung-chinh-sach-3298598.html