About 77% of village funds seek loan under scheme

WEDNESDAY, OCTOBER 28, 2015
About 77% of village funds seek loan under scheme

About 46,489 village funds have so far applied for the government's loan scheme to inject money into well-performing village funds, Government Spokesman Maj-General Sansern Kaewkamnerd said Wednesday. This is equivalent to 77.64 per cent of the target of

Sansern said this meant 2.38 million villagers would benefit directly from this scheme, which came with a condition that village funds must not use it to refinance old debt. Contract signings by all the eligible village fund applicants should be completed by December 31, he added.