Support farmers to improve their quality of life

From the loan capital from the Social Policy Bank, many members of the Farmers' Association in Nghe An have been "supported" to develop the economy and improve the quality of life. The policy credit capital has effectively contributed to the successful implementation of the economic and social development goals and the building of the political system of the province.

Promote capital efficiency

Determined to escape poverty, Mr. Ha Van Hau in Dong Chua hamlet, Nghia Dan commune boldly borrowed 100 million VND from the job creation program in 2023, investing in a buffalo breeding model, starting with 3 mother buffaloes.

Thanks to his dedicated care, after 2 years, the buffalo herd has increased to 5. Although the market price is sometimes unstable, the good quality of the buffalo has helped his family always have a stable output with a price of 17 - 20 million VND/head when sold.

Calculating economic efficiency, each year the model brings in a net profit of 70 - 80 million VND, including income from fertilizer. "Thanks to this loan, I have the opportunity to develop my family's economy, build auxiliary works and invest in my children's education," Mr. Hau excitedly said, at the same time expressing his gratitude to the Commune Farmers' Association for supporting techniques and methods of disease prevention.

Households borrow capital to buy breeding cows and buffaloes in Nghia Dan commune to invest in effective livestock farming. Photo: PV

Also in Nghia Dan commune, in 2024, Ms. Nguyen Thi Than's family accessed a capital of 50 million VND from the clean water and environmental sanitation program. Thanks to this preferential loan, combined with the family's counterpart capital, Ms. Than invested in building a bathroom, septic tank and drilling a well, bringing a hygienic life.

Mr. Le Hong Tuyen - Director of Nghia Dan Social Policy Bank transaction office said: The loan capital has helped farmer members have capital to invest in building livestock barns, buying seeds of crops and livestock, adding capital for production and business, building sanitation works, clean water... Thereby helping to change awareness, farming practices, reduce costs, labor, increase economic efficiency in agricultural production. To replicate such effective models, Nghia Dan Social Policy Bank always coordinates with farmers' associations in communes to accompany people, assigning competent staff to regularly guide and check the use of loans for the right purpose and urge debt collection on time. Thanks to this close management, the Savings and Loan groups all operate effectively, borrowers use capital for the right purpose, and do not incur overdue debt.

Nghia Dan Social Policy Bank visits the mushroom growing model of local people. Photo: TH

In Bich Hao commune, the economic development story of Mr. Nguyen Phung Hung's family, hamlet 1 (former Thanh Tung commune) is a vivid proof of the effectiveness of policy capital. Starting a livestock business faced many difficulties, especially lack of capital, Mr. Hung's family found a way out thanks to a preferential loan of 50 million VND from Thanh Chuong Social Policy Bank in 2021. He used this capital to buy 2 cows and 2 buffaloes for breeding.

The capital is like a "booster" that helps Mr. Hung confidently invest in breeding cows. By 2023, the model has developed well, Mr. Hung continued to borrow an additional 50 million VND from the near-poor household program to expand the scale of production and breeding. Thanks to that, the cow herd has developed well, bringing in a stable annual income of over 100 million VND.

Not only helping his family escape poverty, the capital from the Social Policy Bank also helped Hung’s children achieve their dreams of studying through a 40 million VND loan package for students. Thanks to this comprehensive support, Hung’s family has grown strongly, become a well-off household, have a stable life and look forward to a better future.

Help the Association become stronger and stronger​​

In order to effectively implement the Joint Programs between the Farmers' Association and the Social Policy Bank, the Provincial Farmers' Association has regularly directed the Association's branches to well perform the entrustment stages and synchronously deploy solutions to help preferential credit capital sources to be effective.

Mr. Hoang Son Lam - Deputy Director of the Provincial Social Policy Bank said: Not only acting as a bridge to help people access policy credit capital in the fastest way, the Social Policy Bank and the Farmers' Association also actively coordinate with authorities at all levels and sectors and organizations to organize training, transfer science and technology, guide people to choose suitable plants and animals to develop family economy, improve productivity, product quality and use loan capital for the right purpose. To ensure the safety and promote the effectiveness of loan capital, the units have assigned staff to directly monitor the entrustment work, regularly inspect and supervise the activities of savings and loan groups. From these activities, it has helped to promote the propaganda of the Party and State's policies and guidelines to the people, contributing to the good implementation of the goal of poverty reduction and ensuring social security.

Bank staff visited the livestock and forestation model of Mr. Lo Van Mon's family in Lam Khe village, Con Cuong commune. Photo: TH

According to the representative of the Farmers' Association of Nghe An province, recently, the Association has directed the Farmers' Associations of communes and wards to develop a Plan to implement Directive No. 39 - CT/TW dated October 30, 2024 of the Secretariat on improving the effectiveness of social policy credit in the new period. In particular, it has directed to promote digital transformation in the management of entrusted activities, savings and loan groups, and commune transaction activities. It has directed the Farmers' Associations of communes and wards to improve the quality of inspection of entrusted activities, focusing on groups with low credit quality, strengthening inspection of capital use after borrowing within 30 days; sending staff to attend loan review meetings to ensure the right subjects. Promote the construction and development of a network of savings and loan groups in a sustainable direction associated with community activities. Continue to direct the following units to arrange administrative units to implement the process of handing over capital sources entrusted to the Vietnam Bank for Social Policies to ensure compliance with regulations, completeness and timeliness.

Thanks to that, every year there are 260,000 registered member households and over 140,000 member households achieving the title of excellent production and business at all levels. Many excellent production and business households have appeared with large production scale, annual revenue up to tens of billions of VND.

As of October 30 , 2025 , the Farmers ' Association of the whole province manages 1,686 groups , including 60,354 members ; The quality of the entrusted acceptance undertaken by the association at all levels has been promoted , the total outstanding debt is currently 4,085 billion VND . In general , borrowers use capital for the right purpose and promote the efficiency of the loan capital . Programs with high outstanding debt such as : C loan program for near - poor households over 983 billion VND ; households escaping poverty over 678 billion VND ; poor households over 477 billion VND .

Through the activities of the loan group, the number of members participating in the Association has increased, contributing to the building of an increasingly strong Association, strengthening trust and solidarity, actively supporting each other in life to strive to get rich, and members are more attached to the Association. In the coming time, it is necessary to continue to promote the dissemination of new policies and guidelines, especially the criteria for building a sustainable savings and loan group model associated with community activities; Resolution 11/NQ-CP dated January 30, 2022 of the Government on the Program for economic and social recovery and development...

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Source: https://baonghean.vn/tro-luc-de-nong-dan-nang-cao-chat-luong-cuoc-song-10314541.html