Pracha's Agriculture and Cooperatives Ministry is offering the nation's farmers access to low-cost loans and made-to-order fertiliser via two Thailand Rath (Peoples' State) projects. Under the THB93bn ($3bn) schemes, Kaset Sukjai cards can be used at more than 25,000 participating stores to access capital of THB30,000 with a discounted interest rate of 3%, compared to a market rate of 7%. In addition, farmers can use the cards to purchase fertiliser tailored to their soil conditions.
Thailand's Agriculture and Cooperatives Ministry is offering the nation's farmers access to low-cost loans and made-to-order fertiliser via two Pracha Rath (Peoples' State) projects. Under the THB93bn ($3bn) schemes, Kaset Sukjai cards can be used at more than 25,000 participating stores to access capital of THB30,000 with a discounted interest rate of 3%, compared to a market rate of 7%. In addition, farmers can use the cards to purchase fertiliser tailored to their soil conditions.