Dak Mar Reduces Poverty to 0.18% Through Policy Credit Programs

Over 136 billion VND in preferential credit funds reached 3,253 households in Dak Mar commune by November 12, according to an investigation team from the provincial People’s Council’s Culture and Social Committee.

The total outstanding credit balance climbed by more than 7.68 billion VND compared to 2025, marking a 5.96% growth rate across ten active preferential programs involving 53 savings and loan groups. Borrowing households accounted for 85% of all households in the commune, achieving a 100% credit utilization rate. The deployment of this capital helped push the commune’s poverty rate down to 0.18% by the end of 2025.

Eighty-six households escaped poverty or near-poverty status through these loans, while 175 water supply and sanitation projects were built or renovated. The funding created or maintained 193 jobs across the region.

During the working session, commune officials asked the monitoring group to consider expanding credit capital specifically dedicated to job creation, aiming to give households the conditions to access credit, develop production, create jobs, and increase their income. Dao Duy Khanh, head of the Culture and Social Committee of the provincial People’s Council, praised the local administration for directing funds to the correct beneficiaries and supporting regional social security.

Khanh’s committee recommended that Dak Mar strengthen the Social Policy Bank’s board and local savings points to accelerate digital banking operations and shorten transaction times.

Social and political organizations must coordinate with the Dak Ha branch of the Vietnam Bank for Social Policies to tighten audit and monitoring protocols, particularly within ethnic minority communities, while focusing on increasing loan balances alongside improving credit quality and ensuring the safety of social credit funds.

Following the indoor meetings, the exploration team inspected agricultural production models in Dak Hring and Kon Proh Tuia villages that utilize the policy funds. Minh THÁI reported on the field visits and discussions.