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Proposal to freeze and extend debt for poor households whose ginseng gardens were destroyed by storms

In addition to mobilizing resources to support seedlings, Mang Ri commune, Quang Ngai province also requested banks to freeze and extend debt for poor households whose ginseng gardens were damaged by storm No. 3.

Báo Sài Gòn Giải phóngBáo Sài Gòn Giải phóng16/08/2025

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Mang Ri Commune donates ginseng seedlings to poor households

On August 16, Mr. Pham Xuan Quang, Chairman of the People's Committee of Mang Ri Commune, Quang Ngai Province, said that the locality has requested the Transaction Office of the Tu Mo Rong Social Policy Bank to postpone and extend debt for households whose Ngoc Linh ginseng was damaged by storm No. 3.

According to Mr. Quang, in the locality, storm No. 3 damaged 26,486 Ngoc Linh ginseng plants managed by people and organizations with a value of about 12.5 billion VND. Of which, 189 households suffered damage with more than 24,600 ginseng plants.

Identifying that support resources are still limited, recently the commune has focused on giving priority to providing early assistance to poor households and households in difficult circumstances that have suffered damage.

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Mang Ri commune mobilized resources to provide ginseng seedlings for free to people.

Through the review, 67 poor and disadvantaged households borrowing capital from Tu Mo Rong Social Policy Bank had more than 8,300 ginseng plants damaged, with an estimated loss of about 3.6 billion VND. To help these 67 households, the Commune People's Committee mobilized forces to support cleaning up the ginseng garden, and called on businesses and donors to support more than 3,300 seeds and 500 ginseng seedlings worth about 530 million VND to restore production.

Mr. Quang said that the initial support from the locality could not help people completely restore their ginseng gardens. While many households had sold their buffaloes and cows, and borrowed money from banks to build gardens, the ginseng was now damaged and their livelihoods were lost.

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Mang Ri Commune mobilizes resources to help people restore production after the storm.

“Debt forgiveness and debt extension are necessary to give people a chance to restore production. The commune is currently waiting for the Social Policy Bank to come down and appraise and will send staff to coordinate to speed up the debt forgiveness and debt extension process for people,” said Mr. Quang.

Previously, as SGGP Newspaper reported, storm No. 3 destroyed many roads, damaged many houses and caused damage to Ngoc Linh ginseng gardens of 189 Xo Dang households.

Source: https://www.sggp.org.vn/de-nghi-khoanh-no-gia-han-no-cho-ho-ngheo-co-vuon-sam-bi-bao-tan-pha-post808652.html


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