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More than 1,500 Farmer Households Get Loans for their Production

The provincial Farmers’ Association said in the first 6 months of 2009 the association in collaboration with the provincial Bank for Agriculture & Rural Development gave loans totaling up to VND21.577 billion ($1.3 million) to 1,555 famer households for their production.

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    Therefore, in the spirit of the Joint Resolution No. 2308, the bank has lent 585 borrower groups and 5,273 farmer families a total loaned capital of VND67.345 billion ($3.9 million).

    Adopting the joint program of the provincial Farmers’ Association and Social Policy Bank, the districts’ Farmers’ Association of Cam My, Thong Nhat, Long Khanh, Tan Phu, Long Thanh anh Nhon Trach in cooperation with transaction branches of the bank lent 4,600 households a sum of VND75.192 billion ($4.3 million).

L.H (Reported by Truc Linh)

Author: phongvien

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