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5.9 Million Loan for Agriculture in Pyuthan

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March 21: Agriculture Development Bank’s branch at Khalangana has sanctioned a loan of Rs 5.9 million to six different young and small scale entrepreneurs of Pyuthan.  The young entrepreneurs from Pyuthan and Swargaduwari Municipality and Erawati and Sarumarani VDCs have been sanctioned the loan amount to start their agricultural farm.

The entrepreneurs have planned to invest the loan in agricultural farming including in cow farming, goat rearing, fishery, vegetable and mushroom farming, reported Kishor Kumar Acharaya, managing director of Agricultural Development Bank, Pyuthan.

The loan is only sanction for registered farms and the debtors are also required to submit loan interest in monthly basis and the farm has to create employment opportunities for the locals. 

 

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