Realizing vision - Reaching mission

(Baothanhhoa.vn) - In the context of favorable and difficult conditions, with intertwined challenges, as the political core, the Party Committee of Thanh Hoa Microfinance Organization has focused on leading the unit to effectively carry out the task of building a clean and strong Party Committee, promoting business activities. Thanh Hoa Microfinance Organization has been affirming its vision, mission, brand, and position with customers, State management agencies and the system of credit institutions in general, being a bright spot in the Vietnamese microfinance industry.

The loan capital of Thanh Hoa Microfinance Organization is always a fulcrum to help customers develop the economy and escape poverty.

Based on the development of the Thanh Hoa Microfinance Organization Party Cell, the Thanh Hoa Microfinance Organization Party Committee was established under Decision No. 1569-QD/DUK dated December 29, 2017. Up to now, the Thanh Hoa Microfinance Organization Party Committee has 5 subordinate Party Committees; a total of 87 Party members. The Thanh Hoa Microfinance Organization Party Committee has implemented the Resolution of the 1st Congress, term 2020-2025 in a context of intertwined advantages, difficulties and challenges. As the core leader, the Thanh Hoa Microfinance Organization Party Committee has focused on leading the unit to well implement the Party's guidelines and policies, the State's policies and laws; effectively performing the task of building a clean and strong Party Committee, promoting business activities.

The effective implementation and realization of business objectives is identified as a key task, a measure to assess the sustainable development and growth of the Organization in general, and to assess the work efficiency of each cadre, party member and employee in particular. Therefore, the Party Committee of Thanh Hoa Microfinance Organization has led the Board of Members and the Board of Directors to develop and effectively implement the annual business plan; business strategy for the period 2020-2025 and make timely and appropriate adjustments in response to any fluctuations; restructure and supplement the product portfolio (green credit for lending to business activities using renewable fuels for workers in enterprises, Nghi Son Economic Zone...); innovate the process of expanding the customer base, expanding the market, diversifying capital mobilization channels...

Along with that, the organization's internal control system is fully utilized. Sensitive activities with potential risks such as: investment, procurement, use of capital, assets, costs, business results, profit distribution, recruitment, appointment of staff, and major transactions are all strictly controlled, in accordance with procedures and regulations, minimizing loss and waste.

Party building work has always been given attention and focus. Promoting proactiveness, creativity, correctly implementing the principle of democratic centralism, implementing in a disciplined manner and improving the quality of activities and activities of the Standing Committee, the Party Executive Committee and affiliated Party cells. The Party Executive Committee and Party cells always pay attention to and promote the pioneering and exemplary role of Party members, the principle of criticism and self-criticism, assigning and delegating Party members to hold important responsibilities in the internal control system. During the term, the Party Committee has recommended to the higher Party Committee for approval to admit 35 new Party members, achieving 140% of the Congress resolution target; of which 3 are outstanding members with master's degrees, 100% of new Party members have university degrees or higher.

During the process of construction and development, the Party Committee of Thanh Hoa Microfinance Organization has always paid attention to and created favorable conditions for socio- political organizations to operate. In particular, Thanh Hoa Microfinance Organization has always been at the forefront and actively participated in the work of gratitude, supporting people affected by storms and floods, contributing to the COVID-19 prevention fund with an amount of over 500 million VND; during the term, it supported the construction of 9 houses of Love Shelter for women in difficult circumstances.

From the synchronous implementation of solutions, the organization's business activities have achieved remarkable results. Currently, Thanh Hoa Microfinance Organization has its Headquarters in Thanh Hoa City, 4 branches, 11 offices and 900 transaction points spread across 21 districts, 238 communes, wards, towns, villages and hamlets of Thanh Hoa province. The total number of customers is 56,686, reaching 113% compared to the congress resolution; the total outstanding loans are 550 billion VND, reaching 107.8% compared to the congress resolution, an increase of 208.5 billion VND compared to the beginning of the term. The average credit growth rate is 12.2%/year; mobilized capital increases by an average of 16.3%/year. The average income of workers is higher every year than the previous year and reaches 134.4% compared to the congress target. After many efforts, under the guidance, leadership and close direction of the Party Committee, Board of Directors, Board of Management; the solidarity and efforts of cadres, employees and workers; the close and effective coordination of all levels and sectors, Thanh Hoa Microfinance Organization has achieved the goal of becoming one of the typical microfinance units in Vietnam.

The country is entering a new era - an era of growth with impressive growth figures, controlled inflation, and stable exchange rates. Policies to promote businesses continue to receive support from the Government and localities; the operating environment of microfinance is gradually being improved, microfinance is increasingly integrated into the system of Vietnamese credit institutions, strategies on comprehensive finance, national digital transformation strategies... All of these create a favorable environment for the development of the Vietnamese microfinance industry.

In addition to the above advantages, the world and regional situation is complicated and unpredictable, with extreme impacts from protectionist policies of major countries, complicated developments of weather, climate change, epidemics, etc. affecting the lives and capital needs of businesses, capital needs and livelihoods of people.

In the coming time, Thanh Hoa Microfinance will continue to promote the spirit of solidarity and unity throughout the Party Committee, uphold the role, responsibility, pioneering and exemplary role of cadres and Party members, especially the leaders of the organization. Promote internal resources, innovate working methods, take advantage of opportunities of the fourth industrial revolution; Thanh Hoa Microfinance will further promote the application of digital technology to all activities of the organization, focus on leading and directing the movement to build a typical cultural agency and enterprise. Promote collection and payment services, cross-selling services, microfinance consulting services; expand the network of operations, upgrade equipment and working conditions, continuously build a clean, strong Party Committee and mass organizations that operate effectively and efficiently, and organize safety and ownership.

Article and photos: Hoang Linh

Source: https://baothanhhoa.vn/hien-thuc-tam-nhin-vuon-tam-su-menh-249958.htm