Additional 240 billion VND in loan capital to create jobs

Thu Hang 10:36, 10/11/2023

The Bank for Social Policies of Thai Nguyen province has just been granted an additional VND 240 billion in loans to support job creation, maintenance and expansion according to Resolution No. 11/NQ-CP in 2023.

These households used this loan capital for production, planting, livestock and services.
These households use this loan for farming, animal husbandry and services.

On this basis, the Provincial Bank for Social Policies advised the Head of the Board of Directors of the Provincial Bank for Social Policies to allocate capital to localities. Specifically, Pho Yen city was proposed to allocate 45 billion VND, Dai Tu district and Dinh Hoa district each locality 35 billion VND, Dong Hy district 30 billion VND, Phu Binh district and Phu Luong district each locality 25 billion VND, Song Cong city 20 billion VND, Vo Nhai district 15 billion VND, Thai Nguyen city 10 billion VND.

Thus, as of November 8, the total loan capital under the loan support program to create jobs, maintain and expand jobs in the province through the Bank for Social Policies is 1,204 billion VND. Of which, in 2023, 290 billion VND will be granted.

Currently, the total outstanding loans under the programs of the Provincial Bank for Social Policies is 4,361 billion VND, with over 108 thousand customers with outstanding loans. Among them, there are over 13 thousand customers borrowing capital to create jobs.