More than 5,500 labourers get loans for production

In 2023, 5,524 people in Son La province obtained loans worth 341 billion VND (13.9 million USD) to improve production. Of these, 308 got loans from the National Employment Fund, 4,050 from the Vietnam Bank for Social Policies, and 1,166 from local trust funds. 

Farmers in Song Ma town borrow capital from the Vietnam Bank for Social Policies’ transaction office in Song Ma district to grow fruit trees.

Lending units regularly inspected and guided borrowers to use loans for the right purposes. With loans, labourers invested in production to improve productivity and product quality, increasing income, and contributing to promoting local economic development.

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