Kyaiklat’s MSY Village Project Loan disbursed



THE Department of Ru­ral Development of Kyai­klat Township, under the Ministry of Cooperatives and Rural Development, disbursed the 9th revolv­ing fund loan for the Mya Sein Yaung Village Project in Htinkwin Village, on 4 August. The project was initially launched in the vil­lage during the 2018-2019 financial year.

 

U Thura Shein, Town­ship Head of the Kyaiklat Township Rural Develop­ment Department, gave a detailed presentation on the objectives and process­es of the Mya Sein Yaung Village Project, relevant details of the Rural Devel­opment Law, and how job opportunities and family income-generating activ­ities supported by these loans contribute to poverty reduction.

 

Daw Wah Wah Tun, Staff Officer of the Kyai­klat Township Rural De­velopment Department, along with project officials, transferred project funds worth K44.5 million to the members of the Htinkwin Emerald Green Village Project working group.

 

Afterwards, the pro­ject supervisory commit­tee disbursed a total fund of K44.5 million to 118 members as follows: Ag­riculture: K32.85 million to 82 members; Livestock Breeding: K1.45 million to five members; Fisheries: K2.15 million to six mem­bers; and Trading/Com­merce: K8.05 million to 25 members. — Chit Oo Ko (Rural)

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