Loans for socioeconomic development and recovery in Hoa Binh have surpassed 324 billion VND.
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- 15:39 13/11/2023
DNHN - The Social Policy Bank branch in Hoa Binh province reports that the outstanding debt of credit programs on socio-economic recovery and development, as stipulated in Resolution No. 11/NQ-CP of the Government, amounted to 324.1 billion VND
100% of the plan was met with loans to support job creation, expansion, and maintenance, totaling 150 billion VND (2,992 customers); nearly 97% of the plan was met with social housing loans, amounting to 136.7 billion VND (360 customers).
As of now, 8.6 billion VND has been owed on loans to non-public preschool and primary education establishments for the purchase of computers and online learning equipment; 0.68 billion VND has been lent to these institutions for the same purpose; and 28.1 billion VND has been lent to 501 customers for the National Target Programme for socio-economic development in ethnic minority and mountainous regions, achieving 93% of the intended goal.
The execution of credit initiatives by Government Resolution No. 11/NQ-CP has significantly contributed to the province's socio-economic recovery and development.
Duc Phuong is the Hoa Binh Representative Office.
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