| THE GOVERNMENT ------- | SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness ------------ |
| No: 78/2002/ND-CP | Hanoi, October 04, 2002 |
DECREE
ON CREDIT FOR POOR PEOPLE AND OTHER POLICY BENEFICIARIES
THE GOVERNMENT
Pursuant to the December 25, 2001 Law on Organization of the Government;
Pursuant to the December 12, 1997 Credit Institution Law;
Pursuant to Resolution No.31/1999/QH10 of the Xth National Assembly, 6th session;
At the proposals of the State Bank Governor, the Minister of Finance, the Minister of Planning and Investment, the Minister of Labor, War Invalids and Social Affairs, the Minister of the Interior and the Minister-Director of the Government Office,
DECREES:
Chapter I
GENERAL PROVISIONS
Article 1.- Credit for poor people and other policy beneficiaries means the use of State-mobilized financial sources to provide preferential loans for poor people and other policy beneficiaries in service of production, business, job creation and life improvement, thereby contributing to the implementation of the national target program on hunger elimination and poverty alleviation, and social stability.
Article 2.- Poor people and other policy beneficiaries that may borrow preferential credit capital include:
1. Poor households;
2. Difficulty-hit pupils and students, who are studying in universities, colleges, intermediate vocational training or job-teaching schools;
3. Subjects that need loan capital for job creation under Resolution No.120/HDBT of April 11, 1992 of the Council of Ministers (now the Government).
4. Policy beneficiaries who go to labor abroad for definite terms;
5. Economic organizations and production and/or business households in islands, mountainous regions No.II or III and those covered by the Program on socio-economic development of mountainous, deep-lying and remote areas meeting with exceptional difficulties (hereinafter called Program 135);
