On an area of nearly 1 hectare, the orange garden of Ms. Ha Thi Hoa's family in Van Thi 4 village, Van Chan commune is entering the second year of harvest. Ms. Hoa excitedly calculated: "This crop, after deducting expenses, the orange garden will have a profit of about 100 million VND, much higher than growing corn."
Previously, on this hilly area, Ms. Hoa's family grew corn, which had low economic value. Wishing to increase the value of farming on the land, Ms. Hoa determined to change crops. The difficulty at that time was capital.
Accessing policy credit, 4 years ago, Ms. Hoa boldly borrowed 100 million VND from the capital source for job creation through the Van Chan Social Policy Bank Transaction Office. Together with the borrowed capital, combined with the family's capital, Ms. Hoa's family invested about 200 million VND in growing oranges. 380 orange trees, mainly sugar oranges, have completely replaced the corn on the family's hilly area. Only in the third year after planting, the orange garden gave the first crop of fruit.
“In the first year of selling, the family earned 80 million VND, after deducting expenses, the profit was about 50 million VND. After only two orange seasons, we can see that growing oranges brings in 4 to 5 times more income than growing corn on the same cultivated area,” said Ms. Ha Thi Hoa.
Policy capital has contributed to helping Ms. Hoa's family successfully convert crops, bringing higher economic efficiency and increasing family income.
Also receiving social policy loans through the Van Chan Social Policy Bank Transaction Office, from the loan source for poor households, Ms. Chu Thi Lich, Van Thi 4 village, Van Chan commune, invested in livestock farming.
“My husband and I were poor households when we moved out. With a policy loan of 100 million VND, I bought buffaloes to raise, which was suitable for the local natural conditions, and I was able to arrange time to take care of my children. Up to now, my family has sold 5 or 6 buffaloes and continued to reinvest in raising them. My family has escaped poverty. Without policy capital, I would hardly have had the conditions to raise them like this,” Ms. Lich happily shared.
Having access to policy capital, borrowers such as Ms. Ha Thi Hoa, Chu Thi Lich... all make efforts to invest appropriate loans, bringing income to their families. Policy capital has created a foothold for many households, especially poor, near-poor, and newly escaped-poverty households, in building livelihood models, investing in production, business... to develop the family economy, and improve their lives.
In the first 10 months of 2025, the loan turnover at the Van Chan Social Policy Bank Transaction Office was over 170 billion VND with 2,412 loan customers; of which: loans to poor households were 229 households, the amount was nearly 17 billion VND; loans to near-poor households were 107 households, the amount was over 9 billion VND; loans to newly escaped poverty households were 304 households, the amount was 27 billion VND; loans to production and business households in difficult areas were 555 households, the amount was over 50 billion VND; loans to job creation were 336 households, the amount was over 25 billion VND...
According to statistics, by October 31, 2025, policy credit capital has contributed to the purchase of 285 buffaloes, cows, 69 other species (turtles, chickens, goats, pigs); planting 13 hectares of fruit trees; planting, renovating and taking care of 602 hectares of acacia, bodhi, and cinnamon trees; planting and renovating 85 hectares of tea; renovating and repairing 24 sales kiosks; creating 885 jobs (loan program to create jobs)... Thereby helping many households in the communes managed by the Van Chan Social Policy Bank Transaction Office, including Van Chan commune, develop their livelihoods, production, business, and increase family income.
In order to bring policy capital to beneficiaries and improve credit quality, the Transaction Office of the Van Chan Social Policy Bank focuses on advising the People's Committees of communes in the management area to seriously and extensively implement the Party and State's policies and guidelines on social policy credit; coordinate with the People's Committees of communes, socio-political organizations and relevant agencies to organize the arrangement of transaction points, strictly implement lending procedures, loan management work...; regularly review and consolidate to improve credit quality, trust network, savings and loan group system... Thereby, improving the quality of service to the people and the quality of policy credit investment, making an important contribution to the implementation of the goal of poverty reduction, ensuring social security and building new rural areas.
Source: https://baolaocai.vn/hieu-qua-tu-nguon-von-chinh-sach-post887753.html
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