Check the use of policy capital in Hoang Hoa commune.
Accordingly, immediately after the 2-level local government model came into operation, Thanh Hoa Social Policy Bank directed its affiliated transaction offices to coordinate with localities, continuing to seriously implement transaction activities at old commune transaction points to ensure stable, smooth, and effective policy credit activities, meeting the needs of poor households and other policy beneficiaries in the area.
At the transaction point of Hoang Hoa commune, at exactly 8:00 a.m. on July 7 - the first transaction day at the commune of the Hoang Hoa Social Policy Bank Transaction Office since the merger of the two levels of local government, the heads of the savings and loan groups were present in full. Under the guidance of 4 transaction office staff at the point, the activities: disbursement, debt collection, interest collection; receiving savings deposits from group members and residents; paying commission fees to the management board of the savings and loan groups... all took place safely and effectively, bringing satisfaction to customers.
At this commune transaction point, Mr. Le Dinh Hung's family (Hoang Hoa commune) received a loan of 100 million VND under the job creation program of the Vietnam Bank for Social Policies. From the loan, Mr. Hung will invest in more seedlings, fertilizers, electricity and irrigation systems to expand the scale of the farm. Currently, on an area of nearly 5,000m2, Mr. Hung's family has planted hundreds of guava, grapefruit, jackfruit and coconut trees, and has begun to harvest the first crops.
During the July commune transaction session, Ms. Mai Thi Hao's family (Nga An commune) received a disbursement of 50 million VND from the rural clean water and environmental sanitation program. The capital will help her family invest in building clean water and standard toilets. Ms. Hao said: "Previously, my family also received a loan of 50 million VND from the bank from the near-poor household program to develop livestock farming. Today, the bank continued to disburse a loan of 50 million VND from the rural clean water and environmental sanitation program to rebuild toilets and clean water, I am very excited. Thanks to the capital, my family has improved the quality of life."
Since July 1, 2025, Thanh Hoa has 166 People's Committees at the commune and ward levels. In order to continue to create favorable conditions to best serve the poor, policy beneficiaries and effectively implement social policy credit activities in communes and wards in the province, Thanh Hoa Social Policy Bank continues to maintain the operation of 559 transaction points in communes, wards and towns as before the administrative unit merger. The Bank has focused on directing transaction offices to review and grasp the operating areas; proactively coordinate with local Party committees, authorities and socio -political organizations to promptly stabilize transaction activities in communes as well as disburse preferential credit capital for poor households and policy beneficiaries. Thereby, contributing to the Party committees and local authorities to effectively implement the goals of poverty reduction, job creation, new rural construction and social security. Operations at transaction offices continue to operate normally with full functions and operations, ensuring that borrowers' rights are not affected, and promptly transmitting information and policy credit sources to people and beneficiaries. After the merger, the total outstanding balance of social policy credit programs in the province reached more than VND 15,728 billion with nearly 247,000 customers borrowing capital. Since the beginning of the year, the bank has disbursed more than VND 3,300 billion to nearly 45,000 customers.
In the early stages of implementing the 2-level local government, policy credit activities continued to receive attention, direction, and facilitation from local Party committees and authorities at all levels, the Board of Directors, and the Provincial Social Policy Bank. Together with the foundation and tradition of the industry, the solidarity and consensus of the collective, Thanh Hoa Social Policy Bank strives to increase credit balance growth by 8% or more; ensuring that 100% of poor households and other policy beneficiaries in need and eligible are able to borrow capital and access financial services provided by the bank. With the advantage of preferential loans with low interest rates and long loan terms, continuing to promote the implementation of credit programs of the Social Policy Bank is considered an important solution to contribute to local Party committees and authorities in achieving the goals of poverty reduction, job creation, new rural construction, and ensuring social security.
Article and photos: Khanh Phuong
Source: https://baothanhhoa.vn/kip-thoi-giai-ngan-nguon-von-tin-dung-uu-dai-nbsp-cho-ho-ngheo-va-cac-doi-tuong-chinh-sach-254952.htm
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