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VBSP’s Binh Duong branch realizes 11 credit programs

Update: 23-03-2017 | 11:55:50

On the afternoon of March 22, a delegation of Vietnam Bank for Social Policies (VBSP), headed by Lai Xuan Mon, member of the Party Central Committee, Chairman of Vietnam Farmers Association, member of the Board of Directors of VBSP made an inspection tour at VBSP’s Binh Duong branch. Dang Minh Hung, Vice-Chairman of provincial People’s Committee received the delegation.

Photo: Dang Minh Hung, Vice-Chairman of provincial People’s Committee received the delegation receives and works with the delegation

The whole province now has 184 representative board members of VBSP. The representative board of VBSP’s Binh Duong branch has so far implemented 11 credit programs for poor households and other policy beneficiaries with total outstanding loans as of December 31, 2016 reaching more than VND1.4trillion…Last year, VBSP’s Binh Duong branch also opportunely disbursed VND661billion in loan for 26,924 poor households and other policy beneficiaries, helping them step by step rise up out of poverty. Through VBSP, the branch also suggested the Government to raise the level of loans for a program on clean water and rural environmental hygiene to VND10million per work, a student support program to VND1.5million per capita per month; allow the province to realize a social housing loan program…

At the working session, Mr.Xuan praised and spoke highly of the efforts by Party and authorities at all levels, especially VBSP’s Binh Duong branch in giving loans for the poor and other policy beneficiaries. The delegation will consider proposals by the branch and submit them into VBSP for proper solutions.

Reported by Thien Ly-Translated by K.T

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