From capital sources to create momentum

Luong Son is a semi-mountainous commune, where the lives of some residents remain difficult. Previously, agricultural production relied mainly on experience, on a small scale, and income depended heavily on weather and seasons. The complexities of the Covid-19 pandemic further hampered production, product consumption, and job creation for the local population.

Following the merger, along with stabilizing the organization, Luong Son commune faced the need to reorganize production and choose a development direction suitable to the conditions of each region. Transforming crops and livestock, developing industries, and creating stable livelihoods for the people were identified as important tasks. To achieve this, capital was one of the primary conditions.

For many households, especially those starting to shift their production models, preferential loans from the Social Policy Bank have become a cornerstone, enabling them to invest boldly. These loans not only provide funds for purchasing livestock, building barns, or buying machinery, but also open up opportunities for people to try new approaches.

Ms. Tran Thi Hoa from Dong Son 1 hamlet borrowed 150 million VND from the employment creation and poverty alleviation fund. (Photo: ND-XH)

Implementing the movement "Farmers competing in excellent production and business, uniting to help each other get rich and sustainably reduce poverty," the Provincial Farmers' Association has coordinated and implemented many activities to support members in developing their economy . Among these, the effective management and use of entrusted capital from the Social Policy Bank is considered one of the practical solutions.

Ms. Nguyen Thi Huong Xuan, Chairwoman of the Farmers' Association of Luong Son commune, said: "Currently, many households in the area are borrowing capital from the Social Policy Bank to invest in production and business development. It is noteworthy that this capital has created jobs, increased income, and helped many households improve their lives. Some households, previously struggling, have risen to become successful producers and business owners in the locality."

According to data reported by the Nghe An Provincial Farmers' Association, as of August 31, 2026, the total outstanding entrusted loans from the Social Policy Bank reached VND 4,642 billion, with 58,196 households borrowing through 1,544 savings and loan groups. Overdue loans amounted to VND 1.29 billion.

During the exchange, Mr. Le Quang Hieu, Director of the Do Luong Branch of the Social Policy Bank, acknowledged and highly appreciated the entrusted role of the Luong Son Commune Farmers' Association in transferring policy credit funds to the right beneficiaries, managing outstanding loans safely, and continuously improving credit quality.

In the coming period, the Do Luong branch of the Vietnam Bank for Social Policies will continue to coordinate and advise local Party committees and authorities to pay attention to and balance the allocation of entrusted budget funds to the Vietnam Bank for Social Policies to supplement lending capital for poor households and other policy beneficiaries in the area (especially capital for job creation and production support), as well as focus on reviewing farmers with genuine needs and feasible production models to prioritize capital allocation, avoiding the situation of spreading resources too thinly.

Become a successful household producer.

A prime example of this daring and innovative spirit is Mr. Dau Ba Trung in Trang Son 3 hamlet, Luong Son commune. Before starting eel farming, Mr. Trung researched various farming models to find a suitable path for his family. He spent time visiting and learning from experiences in many places and realized that the mudless eel farming model had many advantages: it didn't require a large area, disease control was easy, he could proactively manage the feed supply, and the market was relatively wide. However, while he had the idea, the initial investment capital proved to be a difficult problem to solve.

To build the fish ponds, buy fry and feed, his family needed a sum of money that would be difficult to obtain relying solely on their own capital. Through the Farmers' Association of Luong Son commune, he was guided to access preferential loan capital from the Social Policy Bank of Do Luong district, amounting to 100 million VND.

“The 100 million VND loan was a real boost that helped me overcome my initial difficulties. With the capital, I was able to confidently re-plan my farming area, invest in a tank system, and buy eel fry,” Trung shared.

Mr. Dau Ba Trung, residing in Trang Son 3 hamlet, Luong Son commune, borrowed capital to implement an eel farming model.

In 2021, Mr. Trung began experimenting with this model, initially with only two snail breeding tanks and two eel breeding tanks. After a period of learning and working, along with participating in technical training courses organized by the Farmers' Association, he gradually expanded the scale of his operation.

Currently, his family has 8 eel ponds and 2 frog ponds built in their garden. The area isn't large, but he's carefully planned the farming methods. The ponds are designed appropriately, with plastic wire substrates inside for the eels to hide in. During the farming process, he focuses on water treatment, selecting healthy, uniform breeding stock, and controlling feed quantities to minimize disease outbreaks.

"Raising eels requires patience. You have to pay attention every day, especially to the water source and food. With proper care, the eels grow evenly and have a high survival rate," Trung said.

From those initial breeding tanks, his model now generates nearly 300 million VND in income annually. More importantly, he has found a production method that suits his family's circumstances and can be further expanded when market conditions are favorable.

Raising eels cannot be rushed. Every day requires careful attention, especially to the water source and food. Proper care ensures uniform growth and a high survival rate for the eels.

Besides Trung's eel farming model, in Luong Son, policy funds are also being used to invest in many other industries.

Mr. Truong Cong Tu, residing in Dong Son 1 hamlet, borrowed capital to invest in aluminum and glass production, generating an income of approximately 250-300 million VND per year. Ms. Tran Thi Hoa's family, also from Dong Son 1 hamlet, used borrowed capital to invest in carpentry, combined with funds from the poverty alleviation program, achieving an average income of around 300-400 million VND per year.

Mr. Truong Cong Tu from Dong Son 1 hamlet borrowed 100 million VND to create jobs.

Different models, different ways of using capital, but they have one thing in common: policy-based capital has helped people have more opportunities to turn their production ideas into concrete livelihoods.

This reality shows that loans are only truly effective when combined with the knowledge, skills, and organizational capacity of the people in production. Therefore, in addition to creating conditions for members to access preferential credit programs, the Farmers' Association of the commune continues to coordinate with the Social Policy Bank to review loan needs, prioritizing households with feasible production plans, the ability to create jobs, and increase income.

Source: https://thanhtra.com.vn/an-sinh-AFA9C5670/nghe-an-nguon-von-chinh-sach-tao-da-cho-nong-dan-san-xuat-kinh-doanh-gioi-980159f68.html