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.
Illustrative image (Source: daklak.gov.vn)In the first five months of this year, the bank’s loans helped 15,668 households escape from poverty.
The bank has requested transaction points to intensify inspections and remove unnecessary procedures to support borrowers.
The rates of disbursement, and debt and interest collection at commune transaction points always reach over 90 percent.
During January-May, loans were totalled at 631.6 trillion VND (27.8 billion USD), reaching hands of 26,493 households.-VNA
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