In the first quarter of 2025, Nam Tra My has more than 300 households borrowing policy credit capital.

Nam Tra My residents develop many livestock models using policy credit capital. Photo: TRUNG LE

In the first quarter of 2025, social policy credit activities in the district continued to promote positive effects, contributing significantly to poverty reduction and socio -economic development. Total capital reached 256 billion VND, an increase of 5 billion VND compared to the beginning of the year; of which, capital from the central government accounted for 92%, the rest was entrusted capital from the district and provincial budgets.

Total lending revenue in the first quarter reached VND18.4 billion, helping 316 households access preferential capital. Outstanding loans at the end of the quarter reached VND253.1 billion, with nearly 5,000 households still in debt. Overdue debt accounted for only 0.074%.

The district has 123 savings and loan groups, operating through 4 entrusted organizations and unions. The total entrusted debt balance reached over 251 billion VND, accounting for over 99% of the total debt balance of the district. Notably, Nam Tra My district has disbursed nearly 1 billion VND to 33 workers to work in Korea under the program of sending workers abroad.

Source: https://baoquangnam.vn/quy-i-2025-nam-tra-my-co-hon-300-luot-ho-vay-von-tin-dung-chinh-sach-3152874.html