Decision on Credit Policy for households escaping poverty


This Law prescribes credit loans from the Bank for social Policies for households escaping poverty to develop production and business in order to have a stable life and make sustainable poverty reduction.

Households escaping poverty under the provisions of this Law includes households that used to be poor, households living near poverty which have annual per capita income higher than the standard of households living near poverty through investigation and review under the provisions of the current law, are recognized by the People’s Committees of communes and of which names have been deleted from the list of poor households, households living near poverty for a maximum of 3 years. This document regulates loan funds,loan size, loan terms, lending interest rates, loan extensions among other issues.

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Tuesday, July 21, 2015
Document Authors: 
The Primer Minister of Vietnam
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