The Department of Rural Development, operating under the Ministry of Cooperatives and Rural Development, disbursed revolving funds as part of the Mya Sein Yaung (Emerald Green) Village Project in Mauksali Village, Mongton Township, on August 2. The initiative aims to foster employment opportunities, boost household incomes, and support the expansion of small-scale agricultural activities among rural residents.
During the ceremony, Daw Kyawt Kyawt Khine, head of the Mongton District Department of Rural Development, highlighted the project's objectives and provided detailed explanations regarding loan terms, including interest rates and repayment schedules. Following the briefing, officials handed over a total of K52.5 million in revolving funds to members of the local project implementation group.
Mauksali Village members are utilizing these funds to carry out income-generating activities under the guidance of department officials. This latest allocation marks the 13th round of revolving loans disbursed to 27 recipients engaged in various agricultural endeavors. The loans are provided with low interest rates, offering financial support to sustain and grow rural livelihoods in the area.
