Policy capital supports OCOP products in Quang Nam

Caromi Que Son cassava noodles are chosen by consumers to buy at Co.opMart Tam Ky. Photo: Q.VIET

Recorded in Que Son

Quy Thu baked coconut cake of Mr. Phan Truong Au's family (Phu Sa village, Que Xuan 2 commune, Que Son) is a 3-star OCOP product that is popular in the market. Initially, Mr. Au's cake production mainly served family, friends, relatives and retail.

Realizing that the product was chosen by many consumers, in early 2022, Mr. Au borrowed 100 million VND from the Transaction Office of the Social Policy Bank (CSXH) of Que Son district to upgrade the factory and invest in additional equipment and machinery. To date, Quy Thu grilled coconut cakes have appeared on the shelves of Coop.Mart Tam Ky, Vinmart Da Nang... with large sales.

Caromi cassava noodles of Que Son (Dong Phu town) is a 4-star OCOP product with domestic and foreign markets. Mr. Duong Van Xinh (owner of Caromi cassava noodles production facility) also borrowed 100 million VND from the Que Son Social Policy Bank Transaction Office to invest in machinery to improve productivity and output. To date, Mr. Xinh's Caromi cassava noodles have a strong distribution network.

Most loans for OCOP entities enjoy preferential interest rates of 7.92%/year. To facilitate production development, improve and upgrade OCOP products, standardize according to international standards, serve domestic consumers and export, the transaction offices of the Social Policy Bank in all districts, towns and cities create optimal conditions for OCOP entities to access preferential loans to develop OCOP products.

Deo Le wine of Mr. Phan Thanh Kien's family (Loc Thuong village, Que Long commune, Que Son) is currently a 3-star OCOP product, supplying the markets of Da Nang, Quang Ngai, Hue, bringing high economic efficiency.

Mr. Kien said that when the facility first started operating, it faced many difficulties, especially investment capital. In 2023, Mr. Kien borrowed 100 million VND in policy capital to upgrade the wine production process. Since then, the product has been widely consumed, increasingly conquering demanding customers.

Ms. Tran Thi My Hang - Deputy Director of the Transaction Office of the Social Policy Bank of Que Son District said that by the end of April, policy credit had lent 700 million VND to 9 customers to produce OCOP products. From this source of capital, 9/21 OCOP products with local brands have been developed.

To continue creating conditions for people to develop OCOP products, the unit has reviewed and is ready to meet the demand for loans of 1.2 billion VND to develop OCOP products in the area in the coming time.

Deo Le wine, a 3-star OCOP product of Mr. Phan Thanh Kien's family. Photo: Q.VIET

Widespread development

In Thang Binh district, the development of OCOP products such as Linh Vu cajeput oil (Binh Sa commune) or "Co Mot" cereal powder (Binh Dinh Bac commune) all have the contribution of preferential loans from the District Social Policy Bank Transaction Office.

Mr. Tran Quoc Tuan - Director of the Transaction Office of Thang Binh Social Policy Bank said that the policy bank grasps customers' loan needs, prioritizing capital from the job creation loan program for OCOP entities to borrow to invest in product development.

Up to now, loans for OCOP product development in Thang Binh account for a significant proportion of outstanding loans for job creation with more than 150 billion VND.

As a credit institution serving social security purposes, the Bank for Social Policies, Quang Nam branch, has so far provided loans to create jobs in the province with an outstanding loan balance of VND 1,768 billion. Of which, many OCOP entities have accessed loans to invest in upgrading OCOP products.

Mr. Hoang Thanh Lan - Head of Planning - Credit Operations Department (Social Policy Bank, Quang Nam branch) said that recently, policy credit for lending to develop OCOP products has been effective.

From the loan capital, OCOP entities have invested in additional equipment, expanded production scale, developed quality OCOP products, increased income, improved quality of life, created jobs for many workers, contributing to promoting socio-economic development of Quang Nam.

According to Vice Chairman of the Provincial People's Committee Tran Anh Tuan - Head of the Board of Representatives of the Bank for Social Policies, Quang Nam branch, the loan program for job creation in general and the loan program for OCOP product development in particular really need a larger source of capital to meet the people's borrowing needs.

Therefore, along with the central capital, the entrusted capital from the provincial budget, the budgets of districts, towns and cities need the joint efforts of organizations and individuals to save. Thereby, creating more motivation to develop OCOP products, creating changes for rural areas, contributing to the overall socio-economic development of the whole province.

Source: https://baoquangnam.vn/von-chinh-sach-tiep-suc-san-pham-ocop-quang-nam-3134739.html