fostering faith and aspiration to help people escape poverty
In recent times, thanks to the participation of the entire political system, the consensus of all levels and sectors, including the practical contributions and support of the VBSP, the preferential capital of the Party and State has been brought to the poor and other policy beneficiaries in the province. According to the assessment of the leaders of the Provincial Party Committee, People's Council and People's Committee, the work of poverty reduction and ensuring sustainable social security has achieved impressive results. Policy capital has played a "pillar" role, prioritizing investment in remote areas, communes, and disadvantaged ethnic minority areas.
Director of the provincial branch of the Social Policy Bank Nguyen Thanh Hai said: Local leaders are always interested in poverty reduction as well as agreeing on the role and position of policy credit in implementing the sustainable poverty reduction program.
The government from the province to the district and commune has prioritized adding capital from local budgets to the VBSP to provide additional loans to poor households and other policy beneficiaries; at the same time, focusing on supporting and creating favorable working conditions for the Transaction Houses and Commune Transaction Points of the VBSP.
By the end of 2024, the capital entrusted from the local budget reached 257 billion VND, an increase of 118.4 billion VND compared to 2023, contributing to raising the total policy capital of the branch to 5,501 billion VND, an increase of 627 billion VND compared to 2023.
Prioritizing resources to " pour" capital into each poor household
Also from the participation of the entire political system and the close coordination of agencies, departments and branches, in parallel with receiving financial resources in many places during the implementation of Directive No. 40-CT/TW dated November 22, 2014 of the Central Secretariat on strengthening the Party's leadership over social policy credit, the branch has implemented procedures, procedures and methods for granting policy credit, fully and quickly meeting the demand for loans for beneficiaries of the Party and State's policies.
At the same time, policy credit officers always attach themselves to the village and the people to guide people to borrow capital conveniently, using loans for the right production and business purposes. The construction and consolidation of a network with a wide coverage of the entire area through 168 Transaction Points in communes and wards will create the most convenient conditions for the poor and other policy beneficiaries to access preferential credit services in a timely and complete manner.
From the city to rural areas, in the mountainous areas of Tram Tau, Mu Cang Chai to particularly disadvantaged communes in Van Chan, Luc Yen districts, the poor and other policy beneficiaries all have access to preferential loans because the VBSP has closely coordinated with Party committees, authorities, and socio-political organizations to create good practices to improve the effectiveness of borrowing capital, using loans for economic development, stability, and improving life.
The whole province has had hundreds of households escape poverty sustainably, getting rich appropriately from the State's preferential capital, petitioners like Mr. Hoang Van Nguyen in Dong Quan commune have used social housing loans for poor households, along with hundreds of millions of VND in additional loans under the production and business household program in disadvantaged areas to restore the entire area of acacia and cinnamon forests that were destroyed by heavy rain and big storms, now the entire industrial forest has returned to green...
In the journey of more than 22 years, the system of the Yen Bai Provincial Social Policy Bank branch has always accompanied the work of poverty reduction, ensuring social security, building new rural areas, achieving encouraging results, but at the intersection of the two Northeast - Northwest regions, there are still many disadvantaged villages and poor households and near-poor households. In the coming time, the branch will continue to promote the mobilization of resources, focus on transferring all preferential capital to the right beneficiaries, striving to effectively implement Directive No. 39-CT/TW dated October 30, 2024 of the Secretariat on improving policy credit efficiency in the new period.
