Ngape Township Disburses Rainy Season Crop Loans

Ngape, May 21

The Myanma Agricultural Development Bank (MADB) Branch in Ngape Township, Magway Region, continued disbursing loans for 2026 rainy season crops under the Union Government’s 100-day plan this morning to farmers from Oh Myay Dwin Village Tract.

Daw Thi Thi Mar, Manager of the MADB Branch, explained the loan rates, terms and conditions, and agricultural equipment loans to local farmers. She said the 2026-2027 fiscal year crop loans have been available since May 12 under the 100-day plan.

The branch then disbursed K39.5 million in loans to 30 farmers for 148 acres of crops, including 50 acres of paddy and 98 acres of sesame cultivation. — Ma Yu (Ngape)

Translated by JT