Thousands of households receive loans from people’s credit funds

04:04, 01/04/2009

(ĐN)- A seminar on “Role of people’s credit fund in rural development” was held by Dong Nai Cooperative Alliance and Dong Nai Branch of State Bank on March 30 with the participation of Standing Deputy Secretary of the provincial Party Committee Le Hong Phuong.

(ĐN)- A seminar on “Role of people’s credit fund in rural development” was held by Dong Nai Cooperative Alliance and Dong Nai Branch of State Bank on March 30 with the participation of Standing Deputy Secretary of the provincial Party Committee Le Hong Phuong, provincial-level leaders, and representatives from districts, state bank and peoples credit funds.

Standing Deputy Secretary Le Hong Phuong speaks at seminar.

At the seminar, some problems were discussed such as: operation strategies for the peoples credit funds, development of peoples credit fund system, etc.   

 

In 2008, total capital raised by local peoples credit funds reached more than VND420 billion.   The funds provided loans to thousands of households across the province.

Reported by K.Gioi