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Wednesday, 24-6-26 04:41:47

Economics

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Phu Giao District Veterans’ Association has 124 farms

Implementing the movement of “Veterans help each other to reduce poverty, do business” launched by Phu Giao District Veterans’ Association, many members have overcome difficulties and got their own farm. Phu Giao District Veterans’ Association has now totally 124 farms, including many farms of 10-15ha. Especially, Veteran Nguyen Huu Van living in Phuoc Hoa commune has a 50-ha farm recognized as VietGap farm. Besides, there is 1 credit cooperative managed by a member; 1 market invested and managed by members; 4 rubber trough production facilities owned by members…

Mr. Nguyen Duc Tien, Chairman of Phu Giao District Veterans’ Association, said to implement well this movement, in the last 5 years, the association and branches had performed many programs, like establishing and managing 50 credit groups, granting a total loan of nearly VND47.5 billion; disbursed over VND4.2 billion from its fund for 348 members to start up their business. The association has maintained 14 rotation saving groups with a total amount of over VND3.6 billion, granted loans to 942 members; encouraged well-off members to support poor members with a total amount of nearly VND500 million...

Reported by Hoai Phuong – Translated by Ngoc Huynh

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