Bali govt provides Rp38.5 billion in loans for agribusiness development

Bali`s provincial administration in cooperation with the Regional Development Bank (BPD) will make Rp38.5 billion unavailable as low-interest loans to support agribusiness, empowerment of cooperatives, small- and medium-scale businesses (UKMs).

"The loans will be extended with a low interest rate for two years for agribusiness development in eight districts and a city in Bali," chief of local UKM and Cooperative Office, I Wayan Suasta said here on Monday.

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Author : Tony

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