Minh Dan People's Credit Fund celebrates 30th anniversary

On the morning of December 5, Minh Dan People's Credit Fund celebrated its 30th anniversary (December 5, 1995 - December 5, 2025).

Delegates attending the celebration.

Minh Dan People's Credit Fund (QTDND) was established in 1995 in conjunction with the State's policy of developing a system of people's credit funds, aiming to meet small-scale capital needs, serving life and production in rural areas.

In the context of limited socio -economic conditions, difficult access to capital, and unpopular banking services, the fund has taken on an important role: providing legal capital sources and appropriate interest rates; supporting members in reducing financial costs; and preventing informal credit. At the same time, creating conditions for the formation, maintenance, and expansion of household economic models.

Over 30 years of formation and development, Minh Dan People's Credit Fund has developed synchronously and grown sustainably. With 186 initial members, the Fund has now increased to more than 2,200 members; total mobilized capital increased from 89 million VND to more than 173 billion VND.

Representative of Vietnam People's Credit Fund Association presented Certificate of Merit to Minh Dan People's Credit Fund.

Mr. Trinh Khac Duong, Chairman of the Board of Directors of Minh Dan People's Credit Fund, was commended for his outstanding achievements at work.

Representatives of the State Bank of Vietnam, Branch Region 7, presented a Certificate of Merit to Minh Dan People's Credit Fund.

Entering a new stage, Minh Dan People's Credit Fund strives to maintain its position as a safe and effective unit; improve financial capacity, credit quality and expand services in a modern direction, better meeting the needs of members. At the same time, actively contribute to the local socio-economic development goals and the banking industry development strategy.

On this occasion, collectives and individuals with outstanding achievements of Minh Dan People's Credit Fund received certificates of merit from the Vietnam People's Credit Fund Association; State Bank of Vietnam, Branch 7 and Vietnam Cooperative Bank.

Loyalty

Source: https://baothanhhoa.vn/quy-tin-dung-nhan-dan-minh-dan-ky-niem-30-nam-thanh-lap-270836.htm