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 Recently, Ben Cat Town transaction office of Social Policy Bank disbursed funds for students and job creation for households in Tan Dinh ward.

Namely, this bank branch disbursed 1 billion 440 million VND to 27 households. In which, 1 household got a student loan of 40 million VND, the rest is loaned to 26 households to create jobs. On average, each household borrowed a loan from 50-70 million VND to take care of rubber trees, raise cows, open shop, and repair lodging house. Depending on purpose of use, after a period of 24-36 months, the borrowers will repay the loan. Particularly, student loans have a longer term.

The above capital will help near-poor households to do animal husbandry, grow crops, overcome difficulties in order to stabilize their lives; thereby contributing to local economic development.

Reported by Tue Nhi - Translated by Ngoc Huynh