Inspection delegation of the Board of Directors of Vietnam Bank for Social Policies worked in Dien Bien

By October 31, 2023, the Social Policy Bank system in the province had disbursed over 638 billion VND to nearly 18,000 poor households and other policy beneficiaries . Of which, over 8,600 poor households, near-poor households, and newly escaped poverty households were able to borrow capital to develop production and improve their lives; over 3,400 households in difficult areas were able to borrow capital to develop business; over 1,400 workers were able to borrow capital to create jobs; nearly 3,000 households were able to borrow capital to build clean water and environmental sanitation works that met standards; nearly 1,300 ethnic minority households were able to borrow capital according to Decree No. 28/2022/ND-CP to build houses, create residential land and production land ... Policy credit capital contributes to reducing the poverty rate of the whole province from 30.55% (in 2022) to nearly 27% .

At the meeting, delegates pointed out a number of difficulties and shortcomings at the grassroots level and proposed effective solutions for implementation in the coming time.

Inspection team members speak at the conference.

Concluding the working session, comrade Tran Thanh Nam praised the Board of Directors of the Dien Bien Provincial Social Policy Bank for promptly directing the policy credit activities in the area as well as the Branch's Board of Directors. In the coming time, the Board of Directors is requested to continue to enhance its role and responsibility, especially at the commune level, in the direction of assigning specific tasks. At the same time, there is a disbursement orientation focusing on effective projects, in which priority is given to places that organize and implement policy credit well, prioritize national target programs for ethnic minorities, poverty reduction programs associated with new rural programs. It is requested that socio -political organizations pay attention to implementing programs, objectives and projects of their associations and unions associated with policy credit capital, pay more attention to the Savings and Loan Groups under their management to consolidate and improve, no longer have weak and ineffective groups to create effective use of policy credit capital.