Support loans for members to develop the economy

Việt NamViệt Nam07/02/2025


Supporting women in developing their family economy is one of the key tasks of the Women's Union at all levels in the province. Over the past years, the Provincial Women's Union has directed all levels of the union to implement many solutions to help and support its members and women in developing their economy, escaping poverty and becoming rich legitimately.

Support loans for members to develop the economy Ms. Doan Thi Hien, Women's Union of Dinh Xa Street, Thieu Khanh Ward (Thanh Hoa City) received a loan to expand production, creating jobs for many workers.

Realizing the favorable conditions of large hilly land and stable consumption market, Ms. Tran Thi Vinh, village 12, Xuan Binh commune (Nhu Xuan) boldly proposed to the Women's Union to borrow capital to develop production. In 2023, the Women's Union of the commune guided Ms. Vinh's family to complete the procedures and borrow 50 million VND from the Social Policy Bank to develop a model of raising pigs, goats, chickens, and growing dragon fruit. Having overcome the "bottleneck" of capital, Ms. Vinh's family took good care of crops and livestock, so after more than 3 months, they had products to sell, increasing their income. Ms. Vinh shared: "With the trust of the Women's Union of the commune, I have a place to borrow, from which I can feel secure in doing business, developing the economy, thanks to which my family's life has stabilized".

Ms. Doan Thi Hien, Dinh Xa residential group, Thieu Khanh ward (Thanh Hoa city) worked as a sewing worker for a company for many years. In 2022, she decided to quit her job and return home to receive garment processing orders. Because she has experience in this profession, each design, seam, and thread is always trusted by partners, but the most difficult thing is the lack of investment capital. Encouraged by the Women's Union of the ward and supported by a loan of 50 million VND, Ms. Hien bought more sewing machines and hired workers to do the sewing. She directly supervises and imports products. At first, there were only a few female workers in the village, but now there are 10 workers working regularly with an income of 5 to 6 million VND/person/month or more.

Ms. Ha Thi Nhung, President of the Women's Union of Thieu Khanh Ward, said: In the past time, the Women's Union of the ward has implemented many support models, helping members develop their economy in terms of capital, labor days, plant and animal varieties, job introduction, training and transfer of science and technology... For members who need larger amounts of capital, the Women's Union will rely on actual conditions to secure additional capital from the Social Policy Bank, creating leverage to help women develop their economy effectively and sustainably.

In fact, more and more poor women's households are supported to develop the economy, create jobs, increase income, and gradually improve the quality of life. This is also one of the key tasks of the union. That has affirmed the proactive and active participation of women's unions at all levels in the province and the determination of the members and women themselves. According to the report of the Provincial Women's Union, in 2024, the Provincial Women's Union guaranteed loans with the Social Policy Bank, entrusted loans with the Bank for Agriculture and Rural Development, microfinance institutions, and the TYM Fund with a total outstanding loan of over 13 billion VND, lending to 198,148 women to develop production; coordinated the transfer of science and technology to nearly 40,000 members; provided vocational training for more than 6,600 members; nearly 5,000 members were introduced to jobs...

Diversifying activities to support women in developing multi-industry economies is also integrated by the associations at all levels with the implementation of projects, such as: "Supporting women to start businesses", "Supporting cooperatives managed by women and creating jobs for female workers", organizing conferences, seminars, forums on "Connecting supply and demand, improving agricultural products"; "Connecting businesses and cooperatives owned by women"... to increase support capital, access to markets and knowledge for women to develop more sustainably. Through many forms of support to help members and women, in 2024, associations at all levels in the province helped more than 16,200 poor and near-poor households in many forms, worth over 14 billion VND; awarded 215 cows/buffaloes for reproduction according to the "Cow/Buffalo Bank" model to help members and women have production conditions; helped more than 2,800 women escape poverty and near-poverty...

To further improve the effectiveness of activities supporting women in economic development, job creation, and income increase, from the beginning of 2025, the Provincial Women's Union has directed all levels of the union to continue to review and grasp the list of poor households, women in difficult circumstances, households in need of loans to expand production scale... to have timely support plans. Encourage all levels of the union to actively exploit loan sources, especially maintaining internal capital sources and expanding models. In addition, the union will continue to coordinate with functional departments and branches to organize vocational training activities so that women have working conditions to develop the economy.

Article and photos: Le Ha



Source: https://baothanhhoa.vn/ho-tro-von-vay-cho-hoi-vien-phat-trien-kinh-te-238916.htm

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