Hsipaw 18 May

Hsipaw Township Myanma Agricultural Development Bank is disbursing monsoon agricultural loans to farmers in Hsipaw Township, Kyaukme District, Shan State (North) starting from 18 May. 

Officials from the bank are disbursing K 92.45 million of monsoon agricultural loans to farmers in four village-tracts in the township and will disburse agricultural loans to farmers in other villages. 

The bank disburses agricultural loans at a rate of K 150,000 per acre of paddy and K 100,000 per acre of other crops. The bank will favor those who have totally paid the previous agricultural loans and will disburse agricultural loans by the end of September 2023. 

Khin Lay (IPRD)
Translated by Suyee