July 04, 2017

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Co-op ministry provides rural development loans in Shan State

Vice President Dr Sai Mauk Kham views sewing machines purchased by cooperative members.
Vice President Dr Sai Mauk Kham views sewing machines purchased by cooperative members.

The Ministry of Cooperatives disbursed loans to its members Wednesday in Shan State under the rural development programme.
At the Lashio Central Hall in the state’s north, Vice President Dr Sai Mauk Kham, Union Minister for Cooperatives U Kyaw Hsan, and Shan State Chief Minister U Sao Aung Myat met representatives of the cooperatives from the districts of Taunggyi, Loilem, Langkho, Kengtung, Tachilek, Lashio, Hopang, Muse, Kyaukme and Monghsat.
The ministry disbursed rural and community development loans worth K13, 238.861 million and K 7,238.3003 million worth of agricultural machinery to 1,708 cooperatives in 40 townships of Shan State.
At the event, Dr Sai Mauk Kham urged the cooperative members to use the loans effectively for community development and poverty reduction schemes.

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