Consulting and guiding people to invest in effective economic development from policy credit

Help people access capital easily

The family of Mr. Nguyen Nhu Ngoc in Niem Pho village, Quang Tho commune borrowed capital from the Bank for Social Policies of Quang Dien district with the amount of 90 million VND from the program to support, maintain and expand employment to develop pig farming. Thanks to the loan, participation in training, transfer of science and technology, and taking advantage of food sources from agricultural production, the development of his family's pig herd is quite favorable. Currently, the family has 6 pens with 18 pigs, generating an annual income of over 150 million VND.

In 2022, Mr. Nguyen Minh Truyen's household in Phuoc Thanh village, Quang An commune also had access to preferential loans to build social housing. With a loan of 300 million VND and his family's savings, he built a new spacious house on an area of ​​over 100 square meters for a stable life. Mr. Truyen shared that having access to preferential loans, low interest rates and long repayment periods helped his family not feel pressured when repaying the debt. Thanks to this preferential loan, many local people have had the conditions to build spacious houses, creating a new look for the rural face of the commune...

As of early June 2025, the Transaction Office of the Social Policy Bank of Quang Dien district has been implementing 12 policy credit programs, with a total outstanding loan balance of over VND 522 billion, lending to nearly 10,200 households. Over 99% of the current outstanding loan balance of the district's Social Policy Bank is entrusted through 4 organizations: Women, Farmers, Veterans and Youth Union. Policy credit capital reaches poor households and policy beneficiaries in a timely manner through a network of commune transaction points located in 11 communes and towns, with 241 Savings and Loan Groups operating in each village and residential group. Thereby, helping people access capital conveniently with many incentives on interest rates, no need to mortgage assets, simple loan procedures...

Closely follow the advanced new rural program

Mr. Ha Van Trung - Director of the Social Policy Bank of Quang Dien district said: Closely following the program of building new advanced rural areas in the period of 2020 - 2025 of Quang Dien district, the unit focuses on timely policy credit capital for beneficiaries to develop production, business, create jobs... At the same time, continue to promote the effectiveness of transaction points at the grassroots level, savings and loan groups to quickly and promptly solve loans for people; coordinate with local authorities, functional branches, political and social organizations to receive consulting and guidance from people to invest in economic development, effectively promote capital sources.

Although the district's budget revenue is still limited, every year, the People's Committee of Quang Dien district always pays attention to allocating from the local budget to the district's Social Policy Bank to supplement the loan capital to effectively implement the national target on building advanced new rural areas. Up to now, the local entrusted capital has reached 7,530 million VND, an increase of 5,830 million VND compared to the beginning of 2020.

As of early June 2025, the total credit capital at the Social Policy Bank of Quang Dien district was 523,660 million VND, of which the balanced capital from the Central Government was 499,231 million VND, accounting for 95.33%; the local entrusted capital was 24,429 million VND, accounting for 4.67%.

Mr. Nguyen Tuan Anh, Vice Chairman of the People's Committee of Quang Dien district, concurrently Head of the Board of Directors of the District Social Policy Bank, said: In the period of 2020 - 2025, policy credit programs at the District Social Policy Bank have made an important contribution to the effective implementation of annual socio-economic targets such as vocational training rate, job creation for workers, education and training, reducing the poverty rate from 4.43% in 2020 to 0.92% in 2025, with 3/11 communes having no poor households. In particular, social policy credit has become a major resource in implementing the advanced new rural construction program in the locality. Up to now, in Quang Dien district, Quang Tho commune has been recognized by the City People's Committee as a commune meeting advanced new rural standards; 2 communes meeting 19/19 criteria, Quang Cong and Quang Vinh, are submitting for recognition as communes meeting advanced new rural standards; 1 commune achieved 18/19 criteria (Quang Phu); 2 communes achieved 17/19 criteria (Quang Thanh, Quang An)... Therefore, mobilizing resources from social credit has been effective, contributing significantly to the implementation of the goal of building advanced new rural areas in the area.

Article and photos: Ba Tri

Source: https://huengaynay.vn/kinh-te/nong-nghiep-nong-thon/nguon-luc-cho-nong-thon-moi-nang-cao-155094.html