The livestock pond of Ms. Le Thi Huong's family, Tien Phong area, Lien Hoa ward.
From a small-scale livestock farming model, in 2023, Ms. Le Thi Huong, Tien Phong area, Lien Hoa ward boldly borrowed 200 million VND from the Social Policy Bank. With the loan capital, her family continued to invest in expanding the family's livestock farming scale. Currently, in addition to raising shrimp, fish, and chickens, Ms. Huong also raises goats for breeding. With more than 4 hectares of ponds, lagoons, and barns, her family's livestock farm brings in an income of 500-700 million VND/year.
Ms. Huong shared: Farmers cannot produce without capital. Therefore, loans from the Social Policy Bank are important to us because of low interest rates, no collateral required, and simple procedures. Hopefully, my family will continue to receive attention and create conditions to borrow capital from policy credit programs to invest in raising some new animals with high economic efficiency such as: Loach, frog and apple snail...
Similarly, with the amount of 4.2 billion VND borrowed from Agribank , Mr. Nguyen Van Quan, Zone 8, Van Don Special Zone, has had capital to invest in raising aquatic products that are the strengths of Van Don sea area such as grouper, grouper, bird and oyster. With an area of 30 hectares, Mr. Quan is currently raising 60 cages of various types of fish and 120 oyster lines. It is estimated that each cage of fish can harvest 2-3 tons and over 7 tons of oysters, thereby not only bringing in billions of VND in income for his family, but also creating jobs for local workers.
Agribank Van Don officials inspected the model of Mr. Nguyen Van Quan's family, zone 8, Van Don special zone.
Mr. Quan said: To develop production, people really need capital. For aquaculture farmers, capital is the most important source because of the large investment costs, large farming areas, and long farming time. Especially after storm No. 3 in 2024, without loans, we cannot restore production. I hope that the bank will continue to pay attention and create conditions for me to borrow more capital to invest in expanding and developing production.
Credit capital always plays an important role in promoting production, especially in the agricultural and rural areas. Accompanying people and businesses, since the beginning of the year, banks in the province have focused on prioritizing capital for lending to this sector, adjusting deposit interest rates to reduce lending interest rates, and implementing a variety of credit programs. Simplifying loan procedures has also been actively implemented to create favorable conditions for people and businesses to access capital in a timely manner. In particular, banks have also implemented Decree No. 156/2025/ND-CP, effective from July 1, 2025. In particular, the unsecured loan amount for households and individuals is increased from 100-200 million VND to 300 million VND; business households and cooperatives can borrow up to 500 million VND, up from the old level of 300 million; Farm owners can borrow up to 3 billion VND (previously 1-2 billion VND); cooperatives and cooperative unions have their credit limit increased from 1-3 billion VND to 5 billion VND, thereby promoting comprehensive and sustainable agricultural development and improving the lives of rural areas. Up to now, the total outstanding credit balance in the province is over 206,000 billion VND, of which outstanding loans for agriculture and rural areas account for 15.5% with over 32,000 billion VND.
Sticking to the management orientation, the highest goal is to promote economic growth, banks will continue to effectively implement credit policies to serve agricultural and rural development; prioritize loans for high-tech agriculture, green agriculture, organic agriculture; proactively balance capital sources to promptly meet capital needs, thereby continuing to be a lever for production.
Cao Quynh
Source: https://baoquangninh.vn/day-manh-cho-vay-von-nong-nghiep-nong-thon-3376417.html
Comment (0)