MADB in Daik-U Township disburses monsoon agricultural fund

Daik-U 7 July

          Myanma Agricultural Development Bank in Daik-U Township, Nyaunglaybin District, Bago Region is disbursing monsoon agricultural funds to local farmers.

          It disburses agricultural funds at a rate of K 150,000 per acre to those who have fully repaid their previous loans. To date, 157 farmers have received a total of K 329.1 million of funds for 1,097 acres.

          Disbursement will continue for the remaining farmers who have cleared their outstanding dues.

Soe Htet Kyaw (IPRD)

Translated by Suyee