Around 10,000 Farmers in Shan State Receive Over 16 Billion Kyats in Agricultural Loans

In Shan State, agricultural loans amounting to 1.6 billion kyats have been disbursed to approximately 10,000 farmers, according to information from the Myanmar Agricultural Development Bank, Shan State Branch. According to U Ba Kyaw Tin, manager of the Myanmar Agricultural Development Bank, Shan State Branch, there are three types of agricultural loans annually, with the rainy season agricultural loan being the most borrowed. The other two types are the winter agricultural loan and the pre-monsoon agricultural loan. During the 2026 rainy season agricultural loan period, loans are disbursed from May to September. It is known that as of July 17, approximately 10,000 farmers and over 60,000 acres of crops have received loans exceeding 16 billion kyats (160 billion kyats). Compared to the same period last year, it is known that over 90,945.09 million kyats were disbursed by July 17, 2025. "Currently, around 10,000 farmers and over 60,000 acres of crops have borrowed over 16 billion kyats (160 billion kyats)," said U Ba Kyaw Tin, manager of the Myanmar Agricultural Development Bank, Shan State Branch. It is known that more loans have been disbursed in southern Shan State, and in Yatsauk Township, due to the larger number of farmers, the loan amount is also higher. "The government is also providing loans in various forms. To obtain these, we need to prepare our own requirements. For example, proof of ownership. For businesses, farmers and business owners need to ensure that the land where the business is established is legally permitted for other uses. We also need to know about the banking system. We need to know what evidence and information are required to obtain bank loans. We also need to understand agricultural laws and regulations and ensure that businesses and land are managed in accordance with the law. Furthermore, business owners need to systematically maintain business records. These records are also important for obtaining loans. They need to be submitted to the banks. We can see from the records how successful the business is, how much income it has, and how much profit it has. These things need to be done," said U Ba Kyaw Tin, manager of the Myanmar Agricultural Development Bank, Shan State Branch. In Shan State, there have been no outstanding agricultural loans in previous years, but outstanding loans have emerged during the current unstable period. It is known that only a small number of outstanding loans exist in Momeik, Phekhon, and a few towns in northern Shan State.