War veterans help each other in poverty eradication, economic development

Over the past time, Phu Giao district’s Farmers ‘Association excelled at the movement of “helping each other in poverty eradication and economic development”. The movement also helped many members rise up out of poverty and get rich.

As of late 2020, the whole association had 1,743 well-off members or nearly 90% of total and 197 with average living standards or 10.12% of total…It is known that the association and its branches last year maintained 55 saving and loan groups, 9 loan rotating groups, helping members in economic development. The association disbursed VND112billion in loan from the Bank for Social Policies for 2,252 households and generated jobs for 2,157 laborers.

The association has so far mobilized nearly VND7billion to its fund, providing 364 members with loans for economic development. Last year, the association also donated a gratitude house and a charity house worth VND165million to the families of members with difficult circumstances…

Reported by Tieu Lien-Translated by K.T