60 agricultural cooperatives in Dak Nong receive support in loan procedures

Representatives of Dak Nong Agricultural and Rural Development Bank and Vietnam Cooperative Development Support Fund introduced to 60 cooperatives the loan mechanism and process.

Mr. Nguyen Khai, Chairman of Dak Nong Cooperative Union, shared that agricultural cooperatives really need guidance on the loan process to invest in production and business development.

In particular, Dak Nong Bank for Agriculture and Rural Development has popularized the lending mechanism in the agricultural sector according to Decree 116/2018/ND-CP of the Government; Amending and supplementing a number of articles of Decree 55/2015/ND-CP of the Government on credit policy serving agricultural and rural development.

Mr. Hoang Huu Ha, Head of Enterprise Department, Dak Nong Bank for Agriculture and Rural Development, introduces regulations on loans to cooperatives.

Vietnam Cooperative Development Support Fund introduces procedures and preferential loan packages for investment in the agricultural sector according to Government regulations; production, export business; high technology application...

Mr. Bui Ngoc Toan, Head of Credit Department, Vietnam Cooperative Development Support Fund, shared that the capital of the Cooperative Credit Fund is offering preferential packages with low interest rates for cooperatives developing high-tech agricultural production...

Source: https://baodaknong.vn/60-htx-nong-nghiep-o-dak-nong-duoc-ho-tro-quy-trinh-vay-von-247014.html