Ben Cat Town disburses more than 1.4 billion VND for job creation and student capital

 Recently, Ben Cat Town transaction office of Social Policy Bank disbursed funds for students and job creation for households in Tan Dinh ward.

Namely, this bank branch disbursed 1 billion 440 million VND to 27 households. In which, 1 household got a student loan of 40 million VND, the rest is loaned to 26 households to create jobs. On average, each household borrowed a loan from 50-70 million VND to take care of rubber trees, raise cows, open shop, and repair lodging house. Depending on purpose of use, after a period of 24-36 months, the borrowers will repay the loan. Particularly, student loans have a longer term.

The above capital will help near-poor households to do animal husbandry, grow crops, overcome difficulties in order to stabilize their lives; thereby contributing to local economic development.

Reported by Tue Nhi - Translated by Ngoc Huynh