Kyaikmaraw 20 October

Myanma Agricultural Development Bank in Kyaikmaraw Township, Mon State is disbursing winter agricultural loans to farmers in the township starting from October 20.

It is allocated to disburse a total of K 1237.5 million of winter agricultural loans to 170 farmers in eight villages for 959 acres of farmland. The bank disburses winter agricultural loans at a rate of K 150,000 per acre for a maximum of 10 acres. A total of 17 farmers for 99 acres of their farmland in Oolay village-tract have been dispensed K 14.85 million of agricultural loans. 

The bank dispenses agricultural loans to the farmers who have totally paid back their previous debt in the villages during working days, according to the Bank Manager. 

Cho Myat Myat Htwe (Kyaikmaraw)
Translated by Suyee