From the policy credit source, many households have invested in economic development.

Five years ago, Pham Thi Tham's family (Tien Loi village, Xuan Giao commune) borrowed 30 million VND from the Social Policy Bank of Bao Thang district to invest in industrial chicken farming. While raising and learning experiences and raising effectively, Ms. Tham gradually paid off her old loan and boldly borrowed an additional 50 million VND from the Social Policy Bank to expand chicken and pig breeding facilities in combination with growing fruit trees. In 2 years (2018 - 2019), each year, she raises more than 20,000 chickens and 10 sows to reproduce to actively source breeds. Currently, each year, Tham's family maintains 3 batches of broiler chickens (each batch of 8-10 thousand), 10 sows and 100 porkers. In addition to breeding, she planted 1.5 hectares of fruit trees (dragon fruit, pomelo, jackfruit). Every year, subtracting expenses, the family has a stable profit of more than 500 million dong.

Getting out of poverty thanks to the policy credit, in 2012, Ms. Nguyen Thi Du's family (Chinh Tien village, Gia Phu commune) borrowed 30 million dong of loan for poor households from Bao Thang district Social Policy Bank to buy a pair cows for breeding. While learning how to nurture and take care of cows and growing more elephant grass, each year her family has 2 more calves. These calves are sold by her and the proceeds are invested back into cow raising. By 2015, Ms. Du paid off all bank debts. With 2 pairs of breeding cows, she boldly borrowed an additional 50 million VND from the loan of near poor households to invest in a farm to raise chickens, swans and plant forests. Up to now, Ms. Du's family has 1.8 hectares of cinnamon, 5 cows, thousands of chickens ... Each year, her family has an income of about 250 million VND.

From the example of economic development in the district has contributed to raising income criteria and other criteria in building a new countryside. This confirms the important role of policy credit loans. The Social Policy Bank of Bao Thang district has prioritized the provision of resources for poor households and policy beneficiaries in the area to have the opportunity to find jobs, improve income, solve problems in drinking water and sanitation. school ...

Ms. Hoang Thi Thu Ly, Deputy Director of Transaction Office of Social Policy Bank of Bao Thang district said: With the role and responsibility of being a member of the District's Steering Committee for New Rural Construction, the District Social Policy Bank regularly adheres to the directives, resolutions, instructions of the superiors and economic development programs and plans. - district society, actively advise and actively direct social policy credit activities towards focusing priority in communes to build new rural areas.

In the period 2015 - 2020, Bao Thang district has 3,867 turns of poor households, 2,909 turns of near-poor households, 705 households just escaped from poverty and 10,391 other policy beneficiaries received loans with the amount of more than VND 620 billion, contributing to 6,001 households. out of poverty, 1,253 households escaped from near poverty. There are 4,719 households having access to loans with the amount of more than 50 billion VND to build and renovate rural clean water and sanitation works, contributing to increasing the rate of rural people using clean water. households with hygienic constructions; More than 500 employees are allowed to borrow capital from the Job Creation Fund with the amount of more than 20 billion VND ...

The results in the work of bringing policy credit of the Government to poor households and policy families of Bao Thang district Social Policy Bank have contributed a significant part in the implementation of the criteria of income and poor households in new countryside construction. In 2019, the average income of the district reached 41.5 million VND / person, the poverty rate was 6.95%.

The above things confirm that over the past years, the Social Policy Bank has conveyed the preferential capital of the Government to poor households and policy beneficiaries associated with poverty reduction and the task of building new agriculture and rural areas. of the Party and State; contribute to the Party Committee, authorities, people of ethnic minorities in Bao Thang district to strive to achieve the goal by the end of 2020 to become the first new rural district of the province.