Dong Hoi City: More than 1,700 poor households receive policy credit loans

(QBĐT) - Standing Vice Chairwoman of Dong Hoi City People's Committee Hoang Thi Thanh Nhung said that in order to promote poverty reduction in the area, recently, after being assigned to allocate credit from the Vietnam Bank for Social Policies (VBSP) - Quang Binh Branch, the City Board of Directors' Representative Board promptly allocated credit plans to communes and wards to implement lending to poor households and policy beneficiaries...

By the end of June 2025, loan turnover reached VND 105,319 million, with 1,734 poor households and other policy beneficiaries receiving loans; average loan of VND 60.7 million/customer, an increase of VND 7.8 million/customer compared to 2024. Debt collection turnover was VND 73,992 million, accounting for 70.25% of loan turnover; credit quality continued to be guaranteed.

Capital disbursement work is guaranteed to be tight and effective.

To date, the total outstanding balance of policy credit programs in the city has reached VND 540,327 million, an increase of VND 40,270 million compared to the beginning of the year. Of which, the outstanding balance from the central capital source is VND 477,276 million, an increase of VND 30,720 million, completing 60.12% of the growth plan; the outstanding balance from capital sources entrusted for investment in the locality is VND 63,051 million, an increase of VND 9,549 million, completing 99% of the growth plan. The average outstanding balance per customer is VND 82 million, an increase of VND 6 million; the average outstanding balance per commune and ward is VND 36,022 million, an increase of VND 2,685 million compared to the end of 2024.

Poor households are supported with loans to invest in livestock and economic development.

In the past 6 months, 1,734 poor households and other policy beneficiaries in the city have received loans from the Vietnam Bank for Social Policies, contributing to creating jobs for 693 workers, including 2 people who have reintegrated into the community; helping 200 students with difficult circumstances to go to school; supporting the construction of 898 clean water and environmental sanitation works; building and repairing 30 houses for officials, civil servants, public employees and low-income people...

Tea Fragrance

Source: https://baoquangbinh.vn/kinh-te/202506/tp-dong-hoi-hon-1700-luot-ho-ngheo-duoc-vay-von-tin-dung-chinh-sach-2227341/