(ĐN)- Dong Nai Cooperative Alliance officially put into operation its cooperative development fund on October 30. The Fund is established to provide capital support for its members.
(ĐN)- Dong Nai Cooperative Alliance officially put into operation its cooperative development fund on October 30. The Fund is established to provide capital support for its members, including individuals, cooperative members, high-productivity clubs, cooperation groups and cooperatives. Until now, around 15 cooperatives and people credit funds have registered as the capital support fund’s members. The fund has a total capital of VND9 billion, of which VND1 billion was contributed by its members and the rest came from the provincial budget. It is expected that the Fund will disburse some VND8 billion from now till the end of the first quarter of 2009.
Reported by K.G
