Monsoon agricultural loans disbursed to farmers in Laymyathnar Township 

Laymyathnar 25 July 

 

Myanma Agricultural Development Bank in Laymyathnar Township, Hinthada District, Ayeyawady Region is dispensing monsoon agricultural loans to farmers in Thkutchaung village-tract in the township on July 25.

 

It is earmarked to disburse monsoon agricultural loans to 5500 farmers in 47 village-tracts in the township during this year. A total of 48.6 million of agricultural loans has been disbursed to 47 farmers in Thakutchaung village-tract for 312 acres of their farmland.

 

The bank distributes monsoon agricultural loans at a rate of K 150,000 per acre of monsoon paddy starting from May 20 and the disbursement of monsoon agricultural loans will be conducted until the end of September. 

 

Kyaw Hein (IPRD)
Translated by Suyee