In Shan State, loans of 1.7 billion kyat were given to 85 entrepreneurs

In Shan State, 85 entrepreneurs have been given loans of 1.7 billion kyats. The Deputy Director of SME Department said that those who want to do business can contact. 120 billion kyats of MSME funds are available; Shan State has 85 entrepreneurs since 2023. 1700 million kyat loan (1.7 billion) has been lent. "Today, we have added a 100-day project to find out the needs and difficulties of MSME entrepreneurs in the region. It will be completed by the end of this month. If there are any needs and difficulties, we are working to implement them. Because the SME department is all the entrepreneurs, we have formed small groups. These cannot be solved by one department, so the rest of the departments go around.A meeting was held to inform the Prime Minister and the relevant state ministers. Our department provides technical training. And we also send domestic and foreign ones. And to gain market access, we send exhibition contests at home and abroad. Another is to provide loans. As a publicWhether you want to start a business, or want a loan, or to connect to the market, please come and contact the SME Department," said Shan State Industrial Supervision and Inspection Department, SME Department Deputy Director U Nyi Nyi Aung. Taunggyi City At City Hall on July 18th at 10:00 AM, a meeting was held between Shan State Chief Minister and MSME entrepreneurs. "All in all, it's land, loans, and electricity. Land issues, getting access to other uses, and other fire issues. Now the fire issues are convenient. The next thing is to increase the long-term loan in the loan issue. We will make it more convenient. The main difficulty is that MSMEs do not accept form (7), they accept grams. There is a gap. The next step is to promote the national economy.In writing, the loan is a short-term loan. We want it to be a long-term loan. If it's 3 or 5 years, it's fine," said U Lin Aung, chairman of the Southern Shan Mills Association.