KHON KAEN, 3 March 2014 Khon Kaen Governor Somsak Suwansucharit said the Khon Kaen Bank for Agriculture and Agricultural Cooperatives (BAAC) has launched measures to help farmers affected by the rice mortgage scheme. Farmers can now take 20 percent of the value of their warehouse receipt on loan and extend their existing debt for up to 12 months.
The bank also offered the farmers additional credit to pay for the new agricultural season and for household expenses while waiting for money from the rice mortgage scheme. Interested BAAC clients who are farmers can ask for more details at their BAAC branch or local BAAC branches.
