Amonatbonk agrees to fund 2009 cotton-sowing campaign in Vose

KULOB December 26, 2008, Asia-Plus –Cotton-growing farms in Khatlon’s Vose district have repaid 1.43 million somoni of loans to Amonatbonk’s (Tajikistan’s savings bank) branch in Vose by December 26, which is more than 50 percent of the total amount of loans received from the bank. Speaking in an interview with Asia-Plus, Anvar Nodirov, head of […]

Turko Dikayev

KULOB December 26, 2008, Asia-Plus –Cotton-growing farms in Khatlon’s Vose district have repaid 1.43 million somoni of loans to Amonatbonk’s (Tajikistan’s savings bank) branch in Vose by December 26, which is more than 50 percent of the total amount of loans received from the bank.

Speaking in an interview with Asia-Plus, Anvar Nodirov, head of the Amonatbonk’s branch in Vose, said that they had provided 2.758 million somoni in loans to 93 farming units in the district for cotton harvesting this year.  According to him, nearly 60 percent of farms have repaid their loans due to planting other crops on their lands (onion, wheat, and others) because the cotton-ginning factories have processed only 40-45 percent of cotton farms took to them for processing.

Nodirov noted, “The bank is ready to finance the 2009 cotton-sowing campaign in the district in 2009 as well.”   

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