Monsoon agricultural loans disbursed to farmers in Nattalin Township

 

Nattalin 31 May

Myanma Agricultural Development Bank in Nattalin Township, Bago Region is disbursing monsoon agricultural loans to farmers in the township starting from 18 May. 

The bank disburses agricultural loans at a rate of K 150,000 per acre of paddy with an interest of 5 percent by the end of September. 

It is allocated to disburse K 14,250 million of loans to 18,000 farmers from 82 village-tracts. A total of 230 farmers from two village-tracts have been disbursed agricultural loans for 1433 acres of their farmland.

Wai Yan Phyo (IPRD)

Translated by Suyee