Solving difficulties for people-founded kindergartens in the face of the risk of closure

April 27, 2022 21:03 GMT+7

According to the decision, borrowers are non-public preschool and primary education institutions, including: independent children’s groups, independent kindergarten classes, and independent preschool classes of the people-founded and private type. people-founded and private independent preschool education); kindergartens, kindergartens, preschools of the type of people-founded or private (people-founded and private preschools); private primary schools in accordance with the law.

Borrowers must satisfy the following conditions: Being established and operating in accordance with law; Must stop operating according to the requirements of Covid-19 epidemic prevention and control for at least 1 month by the time of borrowing; Having a loan plan to restore and maintain operations and appraised by the Bank for Social Policies; At the time of loan application, customers have no bad debts at credit institutions and foreign bank branches incurred before January 23, 2020.

People-founded kindergartens will receive preferential loans in the future.

The maximum loan amount is 80 million VND/people-founded and private independent preschool educational institution; maximum 200 million VND/people-founded preschool, private school, private primary school.

The specific loan amount for each case is determined by the Bank for Social Policies based on the loan plan.

Loan interest rate 3.3%/year. Maximum loan term is 36 months. The currency for lending and debt repayment is in Vietnam Dong. The interest rate on overdue debt is equal to the lending interest rate for poor households at the time of borrowing.

Loan capital used to repair facilities; procurement of medical equipment and supplies for the prevention of the Covid-19 epidemic; Procurement of equipment for nurturing, care and education for rehabilitation and maintenance of activities.

The maximum loan capital under this Decision is VND 1,400 billion from the Government-guaranteed bond issuance of the Bank for Social Policies as prescribed in Resolution No. 11/NQ-CP. The time for disbursement of the loan capital shall not exceed the date of December 31, 2023 or the time of the end of the loan capital, whichever comes first.

Before, Infonet It was reported that closing for many months in a row while still having to pay hundreds of millions of dong a month in rent for premises in expensive locations caused many private preschool owners to fall into distress and forced to sell. , transferred the school but advertised for many days without a buyer.

After more than a month of posting information about transferring her preschool in Hoang Mai district (Hanoi), Ms. Le Thi Thao still has not been able to transfer the school because she was pressured by buyers.

Ms. Thao said that her kindergarten, established at the end of 2019, had not been operating for a long time and had to close due to the Covid-19 epidemic. She had no choice but to sell the school even though she had invested nearly 1 billion in it.

“I worked as a preschool teacher for more than 10 years, then worked as a manager for a number of facilities and finally got support from my husband, so I decided to open my own preschool. Of course, when I opened a school because I wanted to attract a large number of students, so I chose a central location and rented two adjacent villas.

Operating for less than half a year with a large number of students, but not yet able to recover capital, the epidemic struck.

At first, I thought it was only for 1-2 months, but I didn’t expect it to take so long. This year, I have been on vacation from April to now, while every month I have to pay a full house rent of 150 million dong. At the end of the day, I had to let go, and now teachers can’t recruit them, and the capital is no longer to maintain,” Thao said.

After more than 6 months of no income, exhausted investment capital, a series of private kindergartens in Hanoi city recently had to sell and transfer urgently. The fan page for transferring the kindergarten has become busier than ever, but only sellers are seen, but not many buyers.

In fact, not only in Hanoi but also in Ho Chi Minh City, the situation of selling kindergartens takes place a lot. It is not difficult to search on social networks for articles on transferring schools or selling equipment and toys for preschool students at low prices.

Hoang Thanh