Policy credit for job creation proves effective in Song Vang.

DNO - The social policy credit program for job creation has been accessed by people in Song Vang commune to invest in production and business development. As a result, many households have risen out of poverty and improved their living standards, contributing to the increasingly sustainable development of the new rural area.

The transaction was conducted by the Dong Giang Branch of the Social Policy Bank in Song Vang commune on December 12th. Photo: CONG TU

Maximizing capital resources

On a garden of approximately 1,000 square ^meters, Ms. Trinh Thi Nga (Quyet Thang village, Song Vang commune) renovated it to plant green pomelos and oranges. This year, the fruit garden yielded a harvest and brought in nearly 40 million VND in income.

Nearly two years ago, Ms. Nga utilized the land next to her house to set up a guinea pig farm. Starting with 13 breeding guinea pigs, the farm now has nearly 100. "Recently, my family sold guinea pigs for meat and breeding stock, earning over 50 million VND," Ms. Nga shared.

Ms. Nga said she borrowed 100 million VND from the employment creation loan program of the Dong Giang branch of the Social Policy Bank to renovate her overgrown garden, plant fruit trees, and raise guinea pigs.

With the bamboo rat farming model, Mrs. Nga's family received direct guidance on breeding techniques from the forest rangers. The bamboo rats' food mainly consists of familiar, readily available local plants such as bamboo, elephant grass, sugarcane, and corn kernels, which are easy to find and significantly reduce breeding costs. As a result, the model has gradually proven effective, with bamboo rats becoming popular in the market and stable prices; commercial bamboo rats fetch around 400,000 VND/kg and breeding pairs up to 1.5 million VND, opening up a sustainable livelihood for the family.

Ms. Nga shared her joy with staff at the Dong Giang Branch of the Social Policy Bank about the thriving guinea pig farm. Photo: CONG TU

Thanks to a stable income from gardening and raising guinea pigs, Mrs. Nga's family life became less difficult, and they had more resources to save up for their two children to work in Japan.

According to Ms. Tran Thi Sen, Head of the Savings and Loan Group in Quyet Thang village, 39 households in the village currently have access to policy-based credit from the employment creation loan program. The majority of households use the capital for its intended purpose and effectively. Thanks to this capital, many families have gradually escaped poverty sustainably, and some have even become relatively well-off.

At a transaction meeting in Song Vang commune on December 12th, Mr. Nguyen Quang Minh, Deputy Director of the Dong Giang Branch of the Social Policy Bank, stated that in December 2025, the unit will disburse 3 billion VND in loans to create jobs in the communes of Song Vang, Song Kon, Dong Giang, and Ben Hien; specifically, Song Vang commune will be allocated 1.8 billion VND for 20 borrowing households.

Ms. Nguyen Thi Yen Thanh (Ban Mai village) said that when her family first accessed a 100 million VND loan from the employment creation loan program, they used the capital to buy acacia seedlings and hire workers to plant them on their existing 3 hectares; they also allocated a portion for short-term investment in a flower business for the Lunar New Year of the Horse 2026.

The Dong Giang branch of the Social Policy Bank disburses a job creation loan to a household in Song Vang commune. Photo: CONG TU

"Leveraging" sustainable poverty reduction

According to Dang Van Dung, Director of the Dong Giang Branch of the Vietnam Social Policy Bank, along with other credit programs, the loan capital for job creation is proving to be highly effective, becoming a "lever" to help people develop the economy , create jobs, and reduce poverty sustainably. From this resource, many production and business models have shown tangible results, contributing to increased income, stable living standards, ensuring social security, and strengthening people's trust in the Party and the State.

According to Mr. Le Van Tu, Chairman of the People's Committee of Song Vang commune, although the commune has been recognized as meeting the standards of a new rural area, the lives of a segment of the population still face many difficulties, with livelihoods mainly based on agriculture and forestry, accounting for more than 75% of the population. The poverty rate in the entire commune is currently 24.21% out of a total of 1,724 households (corresponding to 253 households).

Over the years, social policy credit has become widely accessible to the people and is an important resource, helping to invest in production development and stabilize livelihoods. Currently, the entire commune has 1,274 households borrowing social policy credit, with a total outstanding debt of nearly 98 billion VND.

Mr. Pham Quoc Phong's household (Panan village) effectively utilized loan capital by cultivating tea vines and roses. Photo: CONG TU

As of the end of November 2025, Song Vang commune had 714 households borrowing capital from the employment creation loan program, with a total outstanding loan balance of nearly 48.3 billion VND. "The capital was disbursed promptly and to the right recipients; the borrowing households used the capital for its intended purpose, contributing to creating jobs for the unemployed, effectively achieving the goal of sustainable poverty reduction, building new rural areas, while also curbing illegal lending and maintaining security and order in the area," said Mr. Le Van Tu.

According to Dang Van Dung, Director of the Dong Giang Branch of the Social Policy Bank, in the coming time, the unit will continue to coordinate with the People's Committee of Song Vang commune and other entrusted associations and organizations to regularly review the loan needs of the people; promptly disburse social policy credit programs according to the assigned plan, avoiding bottlenecks and stagnation of capital. At the same time, it will strictly implement transaction procedures, proactively gather information, and promote the dissemination of the Party and State's policies and preferential credit programs, contributing to promoting socio-economic development in the locality.

According to Mr. Nguyen Quang Minh, Deputy Director of the Dong Giang Branch of the Vietnam Social Policy Bank, in the first 11 months of 2025, the unit disbursed over 90.969 billion VND from the employment creation loan program to 1,448 households. Besides Song Vang commune, Dong Giang commune had 291 households borrowing a total of over 17.2 billion VND; Ben Hien commune had 100 households borrowing a total of over 6.5 billion VND; and Song Kon commune had 343 households borrowing a total of over 18.9 billion VND.

Source: https://baodanang.vn/tin-dung-chinh-sach-giai-quyet-viec-lam-phat-huy-hieu-qua-tai-song-vang-3314937.html