Sinbaungwae 6 June

            Myanma Agricultural Development Bank in Sinbaungwae Township, Aunglan District, Magway Region is dispensing monsoon agricultural loans to farmers in the township on 6 June.

            First, an official from the bank explained the purpose of loan disbursement, interest rate, rules and regulations to the farmers.

            Then, the officials disbursed K 2.77 million of loans to 54 farmers for the cultivation of 14 acres of paddy and 256 acres of other crops, according to the bank.

Khant Win (Sinbaungwae)

Translated by Suyee