Policy credit helps people escape poverty.

Over the years, preferential credit from the Social Policy Bank has become an important support system helping many ethnic minority households in the border communes of the city to stabilize their lives.

Ms. Alang Thi Diem, from Bhlooc village, Avuong commune, boldly borrowed capital from the Social Policy Bank to invest in developing a model of raising local grass-fed pigs. Photo: Hien Thuy

In Bhloóc village, Avương commune, Ms. Alăng Thị Điểm is known to many as a woman of great determination. In 2016, with a loan of 50 million VND from the Tây Giang Social Policy Bank, she boldly invested in building pigpens and buying two breeding pigs to develop her livestock farming. To date, she has developed a herd of over 30 pigs, including six breeding sows.

Not stopping there, she continued to expand her cattle breeding model and planted 6 hectares of cinnamon trees, over 10 years old, ready for harvest. Thanks to a stable income, she repaid all her bank loans in 2025. Ms. Alang Thi Diem shared: “Thanks to the government loan, I had the opportunity to do business. Initially, I was worried, but I diligently learned and worked hard, and gradually I saw results.”

Many households in Tay Giang commune are also gradually changing their lives thanks to policy-based credit. The spacious house worth over 500 million VND belonging to Ms. Alang Thi Vet's family in Anonh village is clear evidence of the effectiveness of using loan capital for its intended purpose.

Thanks to a model of integrated livestock farming and crop cultivation, Ms. Alang Thi Diem's ​​family has escaped poverty sustainably. Photo: HIEN THUY

Previously, her family's life depended mainly on farming, which led to many difficulties. In 2012, with support from the local authorities in providing breeding cows, she began developing livestock farming. After her herd grew, she boldly borrowed nearly 100 million VND from the Social Policy Bank to invest in expanding her barns and buying more breeding cows.

To date, the family's herd of cattle has consistently remained above 10, with 2-3 beef cattle sold each year. Besides cattle farming, the family also raises pigs and poultry and has invested in a rice milling machine to serve the local community. Their average annual income reaches nearly 200 million VND.

Regarding the effectiveness of policy credit funds, the village of Pơr'ning stands out in Tay Giang. Mr. Bling Phát, the head of Pơr'ning village, said that the entire village currently has 128 households accessing preferential credit funds with a total outstanding loan balance of over 9 billion VND.

The Tay Giang branch of the Social Policy Bank promptly disbursed funds to provide appropriate capital support to meet the actual needs of the people. Photo: Hien Thuy

Thanks to guidance on using capital effectively, many households have boldly invested in economic development, contributing to a reduction in the poverty rate year after year. In 2024, the village had 71 poor households, which will decrease to 51 by the end of 2025, and the goal is to further reduce it to 41 households in 2026.

Mr. Vu Dinh, Director of the Tay Giang Branch of the Social Policy Bank, said that the total outstanding loans for policy credit programs currently reach nearly 336 billion VND with more than 5,816 households borrowing capital. In the coming time, the unit will continue to prioritize capital for models suitable to the conditions of each commune such as cinnamon cultivation, medicinal plant cultivation, livestock farming, and forest garden economic development...

Source: https://baodanang.vn/tin-dung-chinh-sach-giup-dong-bao-thoat-ngheo-3338212.html