Deputy Director-General of the Department of Internal Trade reveals that farmers who raise pigs and laying hens are prepared. by the Department of Internal Trade together with the National Pig Raising Association Layer Chicken Farmers Association and the Department of Livestock Development Move forward to help compensate farmers for interest. Applications begin on October 16, 2023.
Mr. Udom Srisomsong, Deputy Director-General of the Department of Internal Trade, revealed that the working group is driving the interest compensation project to enhance liquidity for farmers who raise pigs and laying hens, with representatives from National Pig Farmers Association Department of Livestock Development's Lay Chicken Farmers Association Thai Bankers Association and Bank for Agriculture and Agricultural Cooperatives Participated in determining the criteria for requesting support for loan interest compensation. At a rate not exceeding 3% for small-scale pig farmers not exceeding 5,000 and small-scale egg-laying chicken farmers not exceeding 100,000, with an interest compensation period not exceeding 6 months. The loan limit will not exceed 10 million baht per loan.
In this regard, farmers interested in requesting interest compensation support Must register for raising pigs or laying hens as specified by the Department of Livestock Development. and receive a credit line to be used as working capital for raising pigs or laying hens from a commercial bank or government bank. and pay interest on the loan incurred During the period between 1 January - 31 August 2023 to the bank. finished Interested farmers can apply to join the project at provincial commercial offices nationwide. For farmers in Bangkok, submit the application at the Agricultural Trade Promotion Division 2, Department of Internal Trade. From October 16 - November 30, 2023 by the Department of Internal Trade and relevant agencies will publicize the detailed steps at the beginning of next week
Source: Thai News Agency