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People's Credit Funds to reach 1,648 billion VND

Update: 22-02-2016 | 09:42:55

At present, the province has 10 People's Credit Funds with 55,793 members and a total capital of 1,648 billion VND; total outstanding loans reached 905 billion VND. In 2015, total revenue of People's Credit Funds was 144 billion VND.

In 2015, provincial People's Credit Funds granted 11,644 loans. People's Credit Funds are now trusted destinations with low interest rates of individuals and businesses, contributing to repel usury in residential areas; enabling poor households to develop home-based businesses, production, sustainably escape from poverty.

Reported by Phung Hieu – Translated by Ngoc Huynh

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