Over K 6300 million of agri loans dispensed in Budalin Tsp.

Budalin 24 August

Budalin Township Myanma Agricultural Development Bank has dispensed over 6300 million of monsoon agri loans to farmers in Budalin Township, Sagaing Region, according to U San Nyunt, Manager of Township MADB.

A total of K 8400 million of agri loans will be disbursed to a total of 13500 farmers from 52 village-tracts in the township. Now, a total of K 6366.9 million has been dispensed to 10507 farmers from 47 village-tracts. The loans have been disbursed at a rate of K 150,000 per acre of paddy field and the bank dispenses agri loans up to 10 acres of farmland per farmer.

Pho Khar (IPRD)

 

Translated by Suyee