Over 11 years of implementation of Directive No. 57 of Politburo, operation of credit funding system in the province has shown possitive achievements in terms of supporting the poor and eradication of heavy interest rated loans. Customers are waiting for transaction at Phuoc Hoa Credit Fund “Thanks to welcoming instruction of credit fund agents, we now can make our loans within 24 hours by simple procedures. For many years, operation of the credit fund has helped us to achieve in production and household business,” said Mrs. Nguyen Thi It residing at No. 224 Thanh Phu, Thuan An Town on her occasion to An Thanh Credit Fund.Meanwhile, Mrs. Pham Thi Ut at Binh Thuan 2, Thuan Giao, Thuan An Town came to An Thanh Credit Fund for depositing to her account. For her, the success of An Thanh Credit Fund is thanks to friendliness and ready-to-help service.Credit funds have long been very helpful to make people in rural areas be more accessible to small loans for short-term business and production.As confirmed by Thanh Tuyen Credit Fund Director, about 4,650 members have registered to the fund in the past 10 years. The current capital of the fund has reached VND 147 billion as a resourceful finance for loans to local people.As evaluated by State Bank of Vietnam, Binh Duong Branch, the system of credit funds in Binh Duong has increased quantitatively and qualitatively. The 10 current credit funds are accounted for over VND 1,100 billion of fund in the face of challenges; however, the system safety is under question in terms of credit procedures. Director of State Bank of Vietnam – Binh Duong Branch has warned of such risks and called upon the sector to refine organization of credit grassroots.Besides, the credit funds are lack of diversified banking services including money transfer, card payment, etc. due to low investment into facilities and equipments. Thus, competitiveness of credit funds against commercial banks is rather low.Reported by Thanh Hong – Translated by Vi Bao