Monsoon agricultural loans to be disbursed in Wakema Tsp.

Wakema 13 May

 

Wakema Township Myanma Agricultural Development Bank will disburse monsoon agricultural loans to farmers in Wakema Township, Myaungmya District, Ayeyawady Region starting on 15 May.

 

“The agricultural loans will be disbursed at the rate of K 150,000 per acre and those who have been paid the debt will be disbursed. The interest rate of the loans will be reduced from 8 percent to 5 percent. Time for the repayment of debt will be extended until the end of May without collecting penalty fees” said Manager of Myanma Agricultural Development Bank (Wakema Branch) U Ye Mon.

Hlwan Thiha (Wakema)

 

Translated by Suyee