Haman-gun Provides Agricultural Development Fund Loans to Overcome COVID-19
Operating Funds: 30 Million KRW for Individuals, 100 Million KRW for Corporations
[Asia Economy Yeongnam Reporting Headquarters Reporter Park Saeyan] On the 16th, Haman-gun, Gyeongnam announced that it will provide loans from the Haman-gun Agricultural Development Fund for the second half of the year to farmers.
The county plans to lend about 2 billion KRW at a low interest rate of 1% per annum in the second half of the year.
The support targets are farmers residing in Haman-gun and agricultural-related corporations and producer organizations with their main office in Haman-gun.
Operating funds are available with a loan period of 1 year grace and 3 years equal repayment, with a limit of 30 million KRW for individuals and 100 million KRW for corporations.
Facility funds are available with a loan period of 2 years grace and 3 years equal repayment, with a limit of 50 million KRW for individuals and 200 million KRW for corporations.
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