Nearly VND1.4billion in loan disbursed for farmers

Provincial Support Fund for Farmers in collaboration with Phu Giao district’s Farmers Association has just disbursed VND1.36billion in loan for the local farmers to develop production models.

Accordingly, there were 32 farming households in Phuoc Hoa, Vinh Hoa communes and Phuoc Vinh township getting loan with the lending level of VND30million-VND50million each within 36 months and 0.5% interest rate.

Nguyen Thi Tuyet Nhung, Vice-Chairwoman of provincial Farmers’ Association cum Director of provincial Support Fund for Farmers said that the fund will continue considering and giving loan on credit for the local farmers with the maximum level of VND100million, aiming to help them improve their lives…

Reported by Hai Sam-Translated by K.T