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Loans, projects aid HCM City farmers

   10/5/2006

HCM City— The Farmer Support Centre in HCM City has helped more than 600 farming households escape poverty, mainly from the districts of Nha Be, Hoc Mon, Binh Chanh and Thu Duc. Centre director Nguyen Van Phung said the centre has helped 1,700 farming households to raise their incomes through a variety of different support programmes. Thousands of loans have also been provided to farmers by the centre as it boosts its initial capital source of VND4.9 billion to nearly VND28 billion in production capital. The centre, in collaboration with HCM City Farmers’ Association, the Agriculture Extension Centre, and various trading companies, has helped farmers raise their incomes by providing training to farmers on technology transfer and new farming techniques. The centre has also helped farmers borrow money from the national job creation fund. On average, more than 1,000 households can borrow about VND13 billion from the fund every year to serve production and jobs growth. In co-operation with the banks of Social Policy, and Agriculture and Rural Development, the centre has helped farming households borrow money to expand production or shift their economic structure. The centre has also worked with different institutes and schools to open vocational training courses for 500 farmers on techniques to raise orchids, bonsai and ornamental fish, while other programmes help farmers go abroad to work as guest workers.

VNS(26-08-2006)
10/5/2006

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