Helping Hai Duong women use credit capital effectively

Through the Women's Union, the Vietnam Bank for Social Policies has established nearly 1,300 savings and loan groups; implemented 11 policy credit programs with a total outstanding loan balance of more than VND 2,400 billion, an increase of VND 297.5 billion compared to 2022. At the Southeast Asia Commercial Joint Stock Bank, Hai Duong branch, 241 women members have received loans through the Seawomen program with a total outstanding loan balance of more than VND 18 billion. Through the Bank for Agriculture and Rural Development, Hai Duong branch and the Bank for Agriculture and Rural Development, Hai Duong II branch, more than 2,000 women in Hai Duong have borrowed loans with a total outstanding loan balance of nearly VND 700 billion. Microfinance activities of Tinh Thuong One Member Co., Ltd. (TYM) create conditions for women to borrow capital for production and business, increase income, and improve the quality of life.

In 2024, the Hai Duong Provincial Women's Union will continue to coordinate with credit institutions in the province to deploy 4 groups of solutions to effectively implement the program of entrusting women to borrow capital for economic development, start-ups, escape poverty, get rich...

At the conference to summarize and deploy loan entrustment activities between the Women's Union and a number of credit institutions in Hai Duong province held on January 19, collectives and individuals who performed well in loan entrustment work in 2023 were rewarded.

On the same day, the Provincial Women's Union coordinated with a number of banks to guide female members to improve their knowledge in implementing comprehensive financial work.