Total outstanding loans entrusted through socio-political organizations increased by more than 766 billion VND.

Of which, Women's Union: nearly 6 trillion VND, an increase of 351.8 billion VND, accounting for 47.7%; Farmers' Union: nearly 3.8 trillion VND, an increase of 232.9 billion VND, accounting for 29.8%; Veterans' Association: nearly 1.7 trillion VND, an increase of 96.7 billion VND, accounting for 13.5%; Youth Union: more than 1.1 trillion VND, an increase of 84.7 billion VND, accounting for 9%.

Officers of the Transaction Office of the Social Policy Bank of Lang Giang ( Bac Ninh ) visited a household borrowing capital to invest in a wood processing factory in Tan Dinh commune.

The above results were achieved thanks to the close coordination of political and social organizations at all levels with the Policy Bank to effectively implement the signed mandates, promptly meet the borrowing needs of poor households and other policy beneficiaries; consolidate and improve credit quality; carry out quick, timely, and correct disbursement; urge debt and interest collection...

In particular, focusing on building and strengthening savings and loan groups in villages, hamlets, and residential groups. The whole province currently has more than 5,000 savings and loan groups (more than 4,500 groups are classified as good, accounting for 89.72%). This contributes to improving the operational efficiency of socio-political organizations as well as the effectiveness of implementing social policy credit in the whole province; helping households, especially poor households, policy beneficiaries, people in rural and mountainous areas to invest in production development, and stabilize family life.

News and photos: Thanh Nam

Source: https://baobacninhtv.vn/tong-du-no-uy-thac-qua-cac-to-chuc-chinh-tri-xa-hoi-tang-hon-766-ty-dong-postid430048.bbg