Nguyen Thi Kim Hong in Long An province’s Tan An city feeds her cattle. She received a soft loan from the government to set up her business, and has managed to escape poverty. (Photo: VNA) It had only 6,234 poor households, or 1.3% of the total number, as of themiddle of last year, according to its Department of Labour, Invalids and SocialAffairs.
A programme that provides soft loans to poor and near-poor people to do somebusiness has been one of the major reasons for the significant and sustainablereduction in poverty.
Le Van Chinh in Kien Tuong town’s Thanh Hung commune used to be poor, andreceived loans on two occasions under the programme and has escaped poverty.
He first got 20 million VND (850 USD) to breed chickens in 2016, and repaid theloan in 2019.
He then wanted to switch to growing hydroponic vegetables in combination withbreeding fish, and got a loan worth 50 million VND (1,200 USD).
“I now earn an income of 12-15 million VND (510- 637 USD) a month,” he said.
The Vietnam Bank for Social Policies collaborates with socio-politicalorganisations in the province to provide the loans.
The latter have established 2,651 savings and credit groups covering allhamlets and other residential areas.
Each group has an average of 43 members and loans outstanding of 1.7 billion VND(72,300 USD).
Vo Ngoc Viet Ha, head of the Nha Dai residential area savings and credit groupin Thu Thua district’s Thu Thua town, said six poor and nine near-poorhouseholds in his group escaped poverty thanks to the loans.
Besides, nearly 40 households installed clean water containers and nearly 30people were continuing their study, he added.
Socio-political organisations such as women’s unions have also taken othermeasures to help poor and near-poor households.
The Duc Hoa District Women’s Union has, for instance, created livelihoods andjobs for many members.
Vo Thi Ngoc Nuong in Duc Hoa’s Hiep Hoa commune lives alone and used to be acasual labourer and so did not have a regular unstable income. The Duc Hoa DistrictWomen’s Union has given her a sewing machine.
Now she earns a steady income stitching clothes and other items.
Le Thi Cam Tu, chairwoman of the women’s union, said it had also implementedmodels and programmes that help women set up start-up businesses and escapepoverty.
Last year the Government granted the province 32 billion VND (1.4 million USD) underthe national target programme for sustainable poverty reduction.
Long An used the money to build infrastructure, create livelihoods, teachvocational skills, and provide jobs to poor people.
Pham Tan Hoa, deputy chairman of the province People’s Committee, said the softloan programme had become one of the basic tools for implementing the nationaltarget programme for sustainable poverty reduction.
It had helped reduce poverty significantly, develop the rural economy and buildnew-style rural areas, he added./.
VNA
