Loans from "Saving Day for poor women" disbursed

Under the key program of the Standing Committee of Di An city’s Women's Union and the program of the "Saving Day for poor women” Capital Management Board " in 2024, the Women's Union of the city has just considered and approved loans for needy members and women, helping them develop homebased business.

Accordingly, the city’s Women's Union organized the disbursement of VND 210 million from the "Savings Day for Poor Women" program for 42 disadvantaged women and members with the interest rate of 0.55%/month, the loan amount of VND 5 million  per person. Each of them makes mandatory monthly savings,  equal to 1% of the loan amount, with the payback period of 12 months.

The fund is evenly distributed throughout 7 wards and is considered for loans at 43 women’s union branches. Every month, the local Women’s Unions at all levels association organize propaganda of the Party's guidelines, the State’s policies and laws, and deploys topics related to women and children. Through that, they inspect and urge borrowing household to comply with regulations on loans, ensuring their proper use while reminding loan groups to recover capital and interest under the prescribed time...

Reported by H.Thuy-Translated by Kim Tin