Mr. Thach Ngoc Dang, residing in Ba Lang hamlet, Ke Sach commune, Can Tho city, is harvesting termite mushrooms.
In 2020, the family of Khmer farmer Thach Ngoc Dang, residing in Ba Lang hamlet, Ke Sach commune, Can Tho city, switched to goat farming. With a loan of 50 million VND from the Social Policy Bank's production and business loan program for disadvantaged areas, Mr. Dang invested in barns, breeding stock, and increased the size of his goat herd. Thanks to the substantial income from this livestock, he has repaid all the interest and principal to the bank.
With a keen eye for effective economic models, Mr. Dang tried his hand at frog farming. He continued to borrow preferential loans from the Social Policy Bank to build frog ponds. Thanks to his hard work and willingness to learn, Mr. Dang expanded the scale and diversified his livestock, improving his family's economic situation.
In early 2025, Mr. Dang borrowed 100 million VND from the Ke Sach branch of the Vietnam Bank for Social Policies to invest in cultivating termite mushrooms. After one month, he harvested 3-5 kg of termite mushrooms daily, selling them for approximately 200,000 VND/kg. Thanks to his diligence and proper use of capital, Mr. Dang's family earns an average monthly profit of over 20 million VND from their three cultivation models.
Over the past period, the Kế Sách branch of the Vietnam Bank for Social Policies has consistently coordinated with local authorities to assess actual needs and prioritize timely disbursement of funds to disadvantaged groups. According to Mr. Tăng Bá Thiện, Vice Chairman of the Kế Sách Commune People's Committee, access to policy loans has helped many ethnic minority households gain more motivation for production, business, and economic development, contributing to sustainable poverty reduction and the construction of new rural areas in the locality.
To date, the total outstanding loan balance from social policy credit programs in Ke Sach commune has reached over 683.4 billion VND, an increase of 92.5 billion VND compared to the same period in 2024, with over 18,500 households still having outstanding loans. Mr. Nguyen Chi Linh, Deputy Director of the Ke Sach branch of the Vietnam Bank for Social Policies, said: “We will continue to support and promptly disburse capital to poor households, near-poor households, and ethnic minority households with production needs, aiming to help people stabilize their lives, escape poverty, and rise to legitimate wealth.”
It can be affirmed that policy-based credit capital has been and continues to be effective, becoming an important driving force helping many ethnic minority households in Can Tho City stabilize their economy and move steadily on the path to sustainable poverty reduction.
Text and photos: THANH TAM
Source: https://baocantho.com.vn/diem-tua-giup-nhieu-ho-dan-thoat-ngheo-ben-vung-a190557.html
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