Efficiency from preferential loans

The Transaction Office of the Social Policy Bank of Dau Tieng district organizes mobile transactions at the People's Committee of Dau Tieng town.

Loans arrive on time

Dau Tieng district manages policy loan capital through assignment and decentralization of responsibilities in identifying poor households and policy beneficiaries eligible for loans; at the same time, combining with the participation of organizations, political and social organizations entrusted and supervised in the policy credit process. Thereby, Dau Tieng district has helped transfer preferential credit capital to the right beneficiaries in a timely and effective manner.

Since the beginning of the year, the Transaction Office of the Social Policy Bank (SPB) of Dau Tieng district has organized over 50 transactions at transaction points in communes and towns; and has increased additional transaction sessions to promptly meet the capital needs of borrowers. During transactions, the transaction points in communes and towns always strictly follow the start and end times according to the fixed schedule, ensuring the safety of people and property during the entire transaction process in the communes. At the transaction points in communes and towns, preferential credit policies, loan programs, work settlement procedures, transaction regulations, and lists of outstanding customer debts are fully disclosed for organizations and individuals to check and monitor policy credit activities in the area.

The entrustment activities have created conditions for mass organizations, political and social organizations of Dau Tieng district to contribute to improving the quality and efficiency of the unit's operations, consolidating the grassroots political system, mobilizing the combined strength to join hands to help the poor and policy beneficiaries. Also through the entrustment, lending has been linked with consulting, guiding agricultural and fishery extension, transferring science and technology, and effectively using loan capital. In the first 4 months of 2025, the District Social Policy Bank Transaction Office has closely followed the operational orientation of the Central Social Policy Bank, the direction of the Provincial Social Policy Bank and the representative board of the District Social Policy Bank's Board of Directors (BOD) to focus on mobilizing and quickly disbursing recovered capital and newly allocated capital to poor households and other policy beneficiaries in the area. The results showed that the total loan turnover up to April 17, 2025 reached 53 billion 891 million VND, with 1,359 loan customers.

Loan capital to the right target

Mr. Tran Dang Khoa, Director of the Transaction Office of the Social Policy Bank of Dau Tieng District, said that the representative board of the Board of Directors of the Social Policy Bank of Dau Tieng District has well implemented Directive No. 40-CT/TW dated November 22, 2014, Conclusion No. 06-KL/TW of the Central Party Secretariat on strengthening leadership over social policy credit and Directive 39 of the Central Party Secretariat on improving the effectiveness of social policy credit activities in the new period. In addition, the unit has closely followed the resolutions of the representative boards of the Board of Directors of the Social Policy Bank at all levels, based on the actual situation of the locality, issued resolutions and gave specific instructions for the activities of the Transaction Office of the Social Policy Bank of Dau Tieng District, directed the poverty reduction committees of communes and towns to implement in accordance with the procedures of the Social Policy Bank; provided loans to the right beneficiaries and improved the efficiency of capital use.

The Board of Directors of the District Social Policy Bank always pays attention to, monitors and directs the activities of the Social Policy Bank Transaction Office through inspection, supervision and approval of activity reports, from which the Board of Representatives has a plan to propose to the People's Committees of communes, towns and related agencies to implement, creating conditions for the transaction office to operate with high results. The preferential credit capital of the Social Policy Bank continues to be invested in the right subjects and effectively contributes to helping the poor and other policy subjects have capital to invest in livestock, cultivation and business services, the poor have capital to do business, have jobs, and gradually escape poverty.

IT CAN BE SEEN THAT CREDIT CAPITAL FOR POOR HOUSEHOLDS AND POLICIES HAVE HELPED SOLVE ESSENTIAL PROBLEMS IN LIFE. BENEFICIARIES ARE USING LOAN CAPITAL MORE AND MORE EFFECTIVELY, HELPING TO INCREASE INCOME, IMPROVE THE QUALITY OF LIFE, SUSTAINABLE ESCAPING OF POVERTY, CONTRIBUTING TO SOCIAL SECURITY IN THE LOCALITY.

HONG NGA

Source: https://baobinhduong.vn/hieu-qua-tu-von-vay-uu-dai-a346803.html