DR provides short-term loans to small business owners, including disabled businesspersons

The Department of Rehabilitation announced that short-term loans will be provided to small business owners, including disabled business owners, and the deadline for application date is 24 March.
A short-term loan with a loan term of three years was lent by the Department of Rehabilitation to microfinance institutions, to be able to provide disabled people and organizations with the interest earned by investing in a revolving fund for the Rights of Persons with Disabilities.
The three-year short-term loan (one-year pending period, two-year repayment period) will also be used by microfinance institutions to grant loans to small business owners including disabled business owners.
In the process, at least 10 per cent of the loan amount must be given priority to businessmen with disabilities, and microfinance institutions with total entitlement above K10 billion will have to fill out the loan amount and the interest rate that can be given on the loan in the attached loan application and submitted along with it.
Documents can be applied in person at the Rehabilitation Department of the Ministry of Social Welfare, Relief and Resettlement, Office No 23 in Nay Pyi Taw by 24 March 2023, stated by the Department of Rehabilitation.— TWA/CT

Share this post
Hot News
Hot News
Union Information Minister inspects Pyinmana-Thabyay Taung MRTV retransmission station
NSA Union Minister hosts dinner for BIMSTEC delegates
DPM MoFA Union Minister receives Russian Ambassador
Myanmar attends India-ASEAN Trade Conference 2024 in India
NSA & Union Minister receives BIMSTEC national security chiefs
Myanmar calls for collaboration to ensure food, energy security during 4th BIMSTEC National Security Chiefs’ Meeting
SAC Vice-Chair Deputy PM Vice-Senior General Soe Win receives Russian Ambassador to Myanmar
Myanmar, Sri Lanka to promote sector-wise cooperation
E-government initiative key to advancing digital economy
‘With Rain’ displays at Artistic Space art gallery