The Ministry of Agriculture, Irrigation and Livestock announced on Monday that it is set to grant loans to 7 thousand Afghan farmers in the current solar year through the Agricultural Development Fund (ADF), a program lead and financed by the United States.
The United States Agency for International Development (USAID) has invested over 1 billion and 800 million Afs in the ADF, for the current solar year.
The process to receive applications for receiving loans has been started and will continue until the end of the solar year, MAIL said.
“The Agriculture Development Fund is planned to grant 1.8 billion Afs (over $23M) in loans to over 7 thousand farmers in the current year (1400),” said Akbar Rustami, MAIL spokesman. He added, “The loan distribution process has begun since the beginning of the fiscal year.”