(ĐN)- Over the past five years, the preferential credit program has benefited more than 57,000 students from disadvantaged households and policy families in the province, said Director Huynh Cong Nam of Dong Nai Social Policy Bank.
(ĐN)- Over the past five years, the preferential credit program has benefited more than 57,000 students from disadvantaged households and policy families in the province, said Director Huynh Cong Nam of Dong Nai Social Policy Bank.
 |
| Dong Nai Social Policy Bank's employee provides loans to poor households in Tan Tien ward, Bien Hoa city |
By providing loans of VND4-5 million per academic term for each beneficiary, the program helped many poor students advance their study despite financial difficulties.
However, a survey showed that the credits could meet essential and study needs of only half of recipients. Therefore, the bank suggested to raise the loans to VND6 million per term per one in the situation of higher consumption prices.
After five year of implementation, the program has received the applause and support from the community. Until now, more than 4,000 students have paid their loan off.
The Dong Nai Social Policy Bank targets to disburse around VND700 billion in student loans in the period of 2013-2017. The bank will also make further efforts to ensure the loans come to needy people.
Reported by H.L
