Chauk 5 August

An occasion to disburse monsoon agricultural loans to farmers in Chauk Township, Magway Region by Myanmar Agricultural Development Bank was started this morning.

Forty seven village-tracts out of 49 in Chauk Township were dispensed agricultural loans starting from 6 May at a rate of K 150,000 for one acre of paddy field and K 100,000 for one acre of other crops. Therefore, a total of K 6630 million was given to a total of 11307 farmers for 66255 acres of paddy and other crops. Next, remaining village-tracts will get agricultural loans, according to Chauk Township Myanmar Agricultural Development Bank. Kyaw Moe (IPRD)

Translated by Suyee