Nearly 30 billion VND in preferential capital to support production and business households in difficult areas

In the first 4 months of the year, Thai Nguyen Province's Social Policy Bank disbursed nearly 30 billion VND, with 407 households receiving loans from the loan program for households producing and doing business in difficult areas according to Decision No. 31/2007/QD-TTg of the Prime Minister.

The family of Mr. Bui Van Thinh, Song Thai hamlet, Diem Mac commune (Dinh Hoa), borrowed preferential capital from the Social Policy Bank to invest in raising goats for meat.

This is one of the policy credit programs with practical significance, contributing to promoting socio -economic development in difficult areas, especially in the districts of Vo Nhai, Dinh Hoa, Dong Hy... From the disbursed capital, people have the conditions to invest in agriculture - forestry, livestock, cultivation, small-scale trading in the locality, creating more jobs and increasing income for households.

By the end of April 2025, the total outstanding loan balance of the program reached VND 524.7 billion with 9,041 customers still in debt. This shows the scale and spread of the credit policy for production and business households in difficult areas in the province.

The effective implementation of the credit program under Decision No. 31/2007/QD-TTg has been contributing to the goal of sustainable poverty reduction, ensuring social security and narrowing the development gap between regions in the province. At the same time, this is also one of the important financial channels, helping people in difficult areas to gradually stabilize their lives and develop their economy in a self-reliant and sustainable manner.

Source: https://baothainguyen.vn/kinh-te/202505/gan-30-ty-dong-von-uu-dai-ho-tro-ho-san-xuat-kinh-doanh-tai-vung-kho-khan-8b2289b/