Minh Hoa (Quang Binh): Nearly 36 billion VND in policy capital helps Dan Hoa people escape poverty

(PLVN) - Thanks to nearly 36 billion VND from policy credit sources, more than 600 households in Dan Hoa commune (Minh Hoa, Quang Binh) have been able to build houses, create jobs, access clean water and develop their livelihoods. For many years, the commune has had no overdue debt, showing the clear effectiveness of preferential loans in this particularly difficult area.

Dan Hoa is a highland commune, a commune in the area with the most difficult economic conditions of Minh Hoa district, Quang Binh province; the whole commune has 1,021 households with 4,575 people, according to the survey results in 2025, the rate of poor and near-poor households in the whole commune accounts for 82.18%, very high; the number of ethnic minority households is up to 931 households, accounting for 91.18% of the total number of households in the whole commune.

In recent years, the Party Committee and local authorities have paid attention to directing the effective implementation of policy credit programs through the District Social Policy Bank. The entrusted socio -political organizations have actively coordinated with the Social Policy Bank to transfer capital to beneficiaries. Up to now, there are 2 entrusted socio-political organizations in the commune, which are the Farmers' Association and the Women's Association.

To create a close network down to the village level, timely access to beneficiaries to transfer policy credit capital to the people, the entrusted organizations promptly reported and advised the Poverty Reduction Committee and the local authorities of the commune to direct the establishment of 16 Savings and Loan Groups in the villages in the commune and assigned 2 mass organizations to manage and monitor policy credit activities.

Up to now, the policy credit capital invested in the commune through the district's Social Policy Bank has reached 35,859 million VND, with 635 households accessing loans, accounting for 62.2% of households in the commune; 16 credit programs are being invested in, programs with large loan capital sources such as: Loans for poor households have 350 households borrowing capital with the amount of 14,512 million VND, accounting for 40.5% of total outstanding loans; loans for near-poor households have 113 households borrowing capital with the amount of 6,258 million VND, accounting for 17.5% of total outstanding loans; loans to support housing construction for poor households of ethnic minorities have 96 households borrowing capital with the amount of 2,317 million VND, accounting for 6.5% of total outstanding loans, the rest are other credit programs.

Up to now, policy credit capital has been invested in the commune with 96 poor households receiving loans to build houses; 122 clean water and sanitation works have been built thanks to loan capital; 463 poor and near-poor households are borrowing capital; 41 workers have been created jobs thanks to loan capital to create jobs.

In particular, over the past years, beneficiaries of loans have made good use of capital resources through the Social Policy Bank, complied with interest payments relatively well, and especially maintained for many consecutive years without any cases of borrowers having overdue loans.

Tat Thanh

Source: https://baophapluat.vn/minh-hoa-quang-binh-gan-36-ty-dong-von-chinh-sach-tiep-suc-nguoi-dan-dan-hoa-thoat-ngheo-post552987.html