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Bangkok Post — Thailandbangkokpost.com

Low-cost loans to aid farm modernisation (opens original article in a new tab)

TL;DR

Thailand's BAAC launched a 30-billion-baht subsidized loan program to help farmers transition to modern, sustainable agriculture practices.

  • BAAC approved a 30-billion-baht subsidized loan program for farmers to adopt precision and sustainable agriculture.
  • Eligible farmers can borrow up to 100,000 baht at 6% annual interest with government subsidizing half the cost.
  • The program requires farmers to complete training and use approved agricultural inputs and suppliers.

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