Agricultural loans for monsoon paddy disbursed in Myittha Township

Myittha 20 August

            Myanma Agricultural Development Bank in Myittha Township, Kyakse District, Mandalay Region is disbursing monsoon agricultural loans to farmers in Langwa village-tract in the township on 20 August.

            First, an official from the bank clarified that priority is given to those who have repaid their debts in full. Then, the officials disbursed K 53.4 million of loans to 77 farmers for the cultivation of 356 acres of monsoon paddy. The bank disburses the loans at a rate of K 150,000 per acre of monsoon paddy.

War War Myint (Myittha)

Translated by Suyee