More than VND104 billion of loans disbursed for policy families

Since the beginning of the year, Social Policy transaction office in Phu Giao district has disbursed more than VND104 billion of loans for over 2,000 households, raising the total loans of the office to more than VND350.680 billion, granted loans to 10,534 households.

Total loans of Phu Giao district Social Policy transaction office were funded by the Central budget (more than VND207.530 billion), local budget (nearly VND143,150 billion). Total bad debts of the office were more than VND470 million, accounting for 0.14% of total loans. Disbursement efficiency of the transaction office was 97%; debt collection rate reached 88%; interest collection rate 98%...

Reported by Hoai Phuong – Translated by Ngoc Huynh

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