This policy is stipulated in Decision 29/2014/QD-TTg on credit for households and individuals living with HIV, individuals post-drug rehabilitation, individuals undergoing opioid substitution therapy, and rehabilitated sex workers.
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To be specific, according to this Decision, rehabilitated sex workers will be supported with loans for business activities provided they meet the following conditions:
- Possess a certificate from the Chairman of the communal People's Committee, or the head of a local political-social organization, or the head of the club, group leader, network coordinator established by political-social organizations or legally recognized social organizations verifying that they are no longer engaged in sex work.
- Reside legally and live stably in the locality where the loan is applied for;
- Have a feasible production and business plan and the ability to repay the loan as committed;
- Be a member of the Savings and Loan Group of the Vietnam Bank for Social Policies;
- Live alone or live with children not of working age or with parents, spouse, children, grandparents, siblings but those individuals are either beyond working age or incapacitated.
For individual borrowers, the maximum loan amount is 20 million VND per person, while for household borrowers the maximum amount is 30 million VND per household. The interest rate applied will be the same as that for poor households.
Additionally, recently, the Prime Minister of the Government of Vietnam issued Decision 02/2020/QD-TTg amending Decision 29, to continue the pilot implementation of this loan program in 15 provinces and cities until December 31, 2020, and consider nationwide implementation in 2021.
For further details, refer to Decision 29/2014/QD-TTg which took effect from June 15, 2014.
Lan Anh
