Loans of VRFP disbursed in Paung village in Minbu Township

Minbu 10 August


Disbursement of loans of Village Revolving Fund Project (VRFP) was conducted in Paung village in Minbu Township, Minbu District, Magway Region on August 9.


First, officials from the Township Department of Rural Development met with members of the village committee in the village. Then the official from the Township DRD clarified the purpose of the project and clarified the rules and regulations of the project. 


Afterwards, the officials disbursed K 30.9 million of loans of the VRFP to 132 members including 94 people in agriculture business, 32 in livestock breeding and 6 in trading business within the day, according to an official from the Township DRD. 


Zin Mar
Translated by Suyee