The National Village and Urban Community Fund Office (VUFO) organized the ‘Sustainable Village Fund, Strong and Sustainable Community’ activity in Chiang Mai Province to strengthen the grassroots economy and create strong household potential, solve the problem of informal debt, and enable people to be self-reliant.

The activity of the Village Fund Stability, Strong and Sustainable Communities and the Village and Urban Community Fund Network Workshop in the Northern Region was held at the Chiang Mai University Main Auditorium. Mr. Benjapol Nakprasert, Director of the National Village and Urban Community Fund Office, presided over the opening ceremony and said that the fund has been in operation for 23 years, focusing on developing the grassroots economy with the goal of increasing the potential of village and community funds to drive them towards becoming strong organizations, in line with the government’s policy to reduce household debt burdens and develop themselves, leading to reducing and solving inequali
ty problems.

For this activity of the village fund for sustainable strong communities, we want the prototype fund to pass on the management concept to other village funds and urban communities as a platform for exchange among each other to stimulate awareness. Today, awards were given to successful model communities. In addition, there were booths selling village fund products and booths providing advice on solving informal debt and providing loans from various financial institutions, which received a lot of attention from the public.

Source: Thai News Agency