News from the Da Nang City Labor Federation on January 15 said: The Fund for capital support for workers, civil servants, and poor workers of the Da Nang City Labor Federation in coordination with the Thang Binh Commune Trade Union organized the disbursement of capital to support workers in difficult circumstances in the area.
In this phase, 21 union members of grassroots trade unions in Thang Binh commune were disbursed the amount of 630 million VND.
The capital support fund for workers, civil servants, and poor workers of the Da Nang City Labor Federation is a policy with profound humanistic meaning, clearly showing the role and responsibility of the Trade Union organization in caring for the lives of union members and workers.
The fund was established to support preferential loans for workers, civil servants, and laborers in difficult circumstances with low incomes, helping them have conditions to stabilize their lives, develop the family economy and gradually rise out of poverty sustainably.
With the motto of non-profit operation, simple loan procedures, and low interest rates, the Capital Support Fund has become a reliable support for many union members when facing sudden difficulties such as illness, accidents, natural disasters, or having small investment needs for production, business, trading, animal husbandry, and services.
Through the implementation of the Fund, the Da Nang City Labor Federation not only contributes to improving the material and spiritual life of workers but also actively prevents and repels the situation of black credit borrowing, protecting the legitimate and lawful rights and interests of union members.
Thereby, contributing to consolidating workers' trust in the Trade Union organization, affirming the role of companionship, sharing and timely support of the Trade Union in all circumstances.