In recent years, activities to support women in escaping poverty and developing the economy have been focused on and promoted by the Women's Union at all levels. Many practical activities have been associated with mobilizing women to implement key local economic programs...
Ms. Nguyen Thi Nga in Me Pu commune (Duc Linh) has just had a successful durian harvest due to a good harvest and good price. She confided: A few years ago, my family was extremely poor. I had 5 sao of land in Ta Pua but had no capital to invest. I saw many households around me growing coffee, durian, Thai jackfruit... but my family only grew cassava for short-term economic purposes. During a meeting of the women's group, the women learned about my situation and proposed a loan. The 30 million VND loan plus the family's savings invested in growing durian. Now, this is the third harvest, so we have a decent amount left over. The principal loan from the bank through the association has been paid off. Thanks to durian for the past 2 years, my children can go to university more easily. I plan to use the money from the durian harvest this year to build a new house... That is one of many situations in which women in the province, thanks to the capital of the Women's Union and bank capital disbursed through the Women's Union, have helped women to raise their families' incomes and escape poverty to become rich.
Ms. Le Thi Hai Yen - Chairwoman of the Provincial Women's Union said: The Women's Union has always paid attention to and promoted activities to support women in accessing loans for economic development and sustainable poverty reduction with many forms. All levels of the union have proactively connected capital sources from banks, programs, and projects to support women in borrowing capital for economic development. Up to now, 56,545 women have borrowed with a total amount of more than 2,912 billion VND. All levels of the union have maintained savings groups, capital contribution groups, revolving capital contributions, and women's groups to promote internal strength to help each other develop the family economy. The whole province currently has 735 savings groups/capital contribution groups/revolving capital contributions/15,889 members/69.203 billion VND/helping 15,389 women. In the first 9 months of 2023, the association at all levels mobilized savings, idle capital, internal capital of members, and association groups to support 192 members and women in difficult circumstances to borrow to develop their family economy with a total amount of 1,583 billion VND. Actively deploying and mobilizing cadres, members, and women to participate in the program "Day of saving money to join hands for the poor", mobilizing participation in opening 457 savings books with a total amount of more than 8,476 billion VND...
In mid-September 2023, the Provincial Women's Union and the State Bank of Vietnam, Binh Thuan branch, signed a credit coordination program for the period 2023 - 2027 to promote the implementation of gender equality goals. Improve the operational efficiency of the bank and the Women's Union in implementing policies on comprehensive finance, credit for agricultural and rural development, credit from the Social Policy Bank, and other credit sources to create favorable conditions for women to access appropriate credit sources. The coordination program effectively implements policies and laws on social policy credit activities, credit for agricultural and rural development, and other types of credit. Organize activities to improve the effectiveness of the implementation of the National Financial Inclusion Strategy, focusing on financial education for women, contributing to limiting black credit.
Through the activities of the coordination program, it will help women access “clean” credit sources, limit the problem of black credit loans. At the same time, improve the efficiency of the women's association's activities in conjunction with the effective implementation of the Party's guidelines, policies and laws of the State. Especially in implementing policies on comprehensive finance, credit for agricultural and rural development, and other credit sources to create conditions for women to easily access appropriate credit sources to serve production and business development, create jobs, increase income, improve living standards and other essential living needs...
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