Gia Vien Creates favorable capital sources to help people get rich

In order to bring capital to the people, over the past time, during the operation process, the Bank for Agriculture and Rural Development (Agribank) Gia Vien District Branch has effectively coordinated with district-level associations and organizations and local authorities to spread capital, reaching thousands of people, many enterprises, production and business households. Thanks to the loan capital of Agribank Gia Vien District Branch, many households in the district have been able to access and use it effectively, striving to become rich.

Ms. Le Thi Huyen Anh, Director of Toan Anh Fashion Supermarket, Moi Street, Me Town said: Agribank Gia Vien District Branch has created many favorable conditions for me in developing my business model.

Since 2005, I started my business, with initial investment capital of 25 million from Agribank Gia Vien District Branch. Every year, the Bank's credit officers always monitor the development of the business model and create flexible loan conditions for me to develop my business.

From the initial capital of 25 million VND borrowed, up to now I have a total asset of 25 billion VND, of which the loan limit at Agribank Gia Vien District Branch is 7 billion VND. From the credit capital of Agribank Gia Vien District Branch, we have helped people in rural areas have the conditions to develop business, rise up to become rich legitimately to have better living conditions.

Gia Vien Unblocks credit sources to help people get rich — Transaction Office of Agribank Gia Vien District Branch.

In recent times, Agribank Gia Vien District Branch has effectively played the role of "bridge" bringing credit to people through many loan programs to develop production and business in rural areas.

Bank staff have coordinated with loan groups in communes and towns to regularly survey and grasp the situation of loan customers to have timely support measures.

The loan capital from Agribank Gia Vien district branch has become a solid "support" for farmers to make breakthroughs, boldly invest in economic models, helping farmers get rich right on their homeland.

Veteran Bui Duc Thinh, Hoang Quyen village, Gia Hoa commune said: Based on the advantages of local land, I chose the economic model of aquaculture and fruit trees since 2015.

Thanks to the attention of Party committees and authorities at all levels, especially the loan capital from Agribank Gia Vien District Branch, since 2018 with more than 1 billion VND, I know how to calculate in expanding production, grasp market demand to develop production and business effectively.

From extensive farming, now, with 6 billion VND from bank credit capital, I have invested in expanding the area of 2.6 hectares, including investing in 3 traditional freshwater fish ponds with an area of 1.6 hectares; at the same time, investing in modern technology in aquaculture such as remote control by smartphone, automatic control of aeration wheels, water pushing, fish feed dispensers, etc.

Therefore, my family's economic model is highly effective, with income minus expenses yielding a profit of 700-800 million VND/year. In 2023, I am honored to be one of 100 outstanding farmers nationwide to attend the conference to honor good production and business households.

Implementing the "three agriculture" policy, Agribank Gia Vien District Branch has accompanied local farmers in the fight against hunger, poverty reduction, economic development, and made efforts to effectively implement the goals of agricultural and rural development, and improve income and living standards of people in the district.

Comrade Tran Xuan Van, Secretary of the Da Han village Party cell, Gia Hoa commune, said: To promote the development of the local economy, the Party cell and the Village Front Committee always encourage people to develop livestock and crop farming. At the same time, the village has surveyed the needs of people with human resources and livestock farming areas, creating conditions for people to access loans from Agribank Gia Vien District Branch and the Social Policy Bank to develop production and business.

Up to now, Da Han village has over 30 effective economic development models, generating income from 100-500 million VND/year. Thereby contributing to the success of Da Han village in building a model new rural area in 2023.

In recent times, Agribank Gia Vien District Branch has always focused on investing and innovating technology to diversify product and service packages to suit customers' needs, constantly improving service quality and with the desire to "Bring prosperity to customers", becoming a "Reliable companion" of many customers who are production households, individuals and businesses.

Comrade Vu Manh Chinh, Director of Agribank Gia Vien District Branch said: We identify ourselves as the key unit in capital investment, agricultural and rural development, connecting and creating the best conditions for people to develop the economy, enriching our homeland.

To achieve the goal of Agribank investing capital in the "three agriculture" sector, from the beginning of the year, the Board of Directors and staff of Agribank Gia Vien District Branch have sought effective solutions in capital mobilization.

By the end of September 30, 2023, the Branch reached over 17,000 customers, with a balance of over VND 1,400 billion, an increase of VND 150 billion compared to the same period on December 31, 2022, reaching 102% of the 2023 plan.

From capital sources, banks have many investment opportunities for local customers, especially focusing on lending to customers in remote areas, customers who are agricultural and rural production households.

As of September 30, 2023, according to statistics, the Bank has 2,467 customers, with outstanding loans of VND 1,459 billion, an increase of VND 178 billion compared to 2022, reaching 126.8% of the annual plan (of which agricultural and rural loans are 2,402 customers, outstanding loans of over VND 1,428 billion, accounting for 97.8% of total outstanding loans).

With practical and effective methods, Agribank Gia Vien District Branch is always a reliable address, accompanying customers, especially farmers in the district in investing in family economic development, contributing to the construction of new advanced rural areas in the locality.

Article and photos: Phuong Anh

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