Society

Dak Lak’s policy bank changes life of poor ethnics

The Bank for Social Policies in the Central Highlands province of Dak Lak has carried out a lot of measures to help ethnic people living under and near the poverty line gain access to preferential loans.
Dak Lak’s policy bank changes life of poor ethnics ảnh 1Illustrative image (Source: daklak.gov.vn)
Dak Lak (VNA) – The Bank for Social Policies in theCentral Highlands province of Dak Lak has carried out a lot of measures to helpethnic people living under and near the poverty line gain access topreferential loans.

In the first five months of this year, the bank’s loanshelped 15,668 households escape from poverty.

The bank has requested transaction points to intensifyinspections and remove unnecessary procedures to support borrowers.

The rates of disbursement, and debt and interest collectionat commune transaction points always reach over 90 percent.

During January-May, loans were totalled at 631.6 trillionVND (27.8 billion USD), reaching hands of 26,493 households.-VNA
VNA
#Bank for Social Policies #Central Highlands #Dak Lak #poverty #preferential loans #ethnic people #poor #Vietnamplus #Vietnam News Dak Lak
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