BAAC invites you to suspend debt payments in Udon Thani province.

Udon Thani – BAAC moves forward with measures to suspend debt payments. There are more than 2 million rights recipients nationwide. Introducing rights checking through the “BAAC Mobile” app, highlighting the Ban Nong No Nuea Kua Sai community enterprise group and the Ban Dong Yang Phonphibun WSM group. Vocational rehabilitation model

Mr. Chulaphan Amornvivat, Deputy Minister of Finance and Chairman of the Board of the Bank for Agriculture and Agricultural Cooperatives (BAAC), along with Mr. Yuwaphon Athut, Deputy Manager of BAAC, went to the area to follow up on the operation of accepting farmers. to measures to suspend debt repayment The debt amount does not exceed 300,000 baht as of 30 September 2023. Currently, more than 2 million people are eligible, with a total debt of 283,000 million baht. The BAAC has opened a service to check their rights and notify their intention to join the measures through the application. BAAC Mobile” from October 1, 2023-January 31, 2024 by following operational procedures. Both checking rights Debt health check Documenting the agreement at the end of the contract and restoring occupational potential

Under the principle of "leading market, additional innovation, increasing income" along with additional loans to enhance liquidity in your career. The credit limit does not exceed 100,000 baht to encourage farmers to increase their income during the debt moratorium. and prevent the creation of debt outside the system After that, they participated in giving winter blankets to farmers and people in the said area. To send encouragement to citizens who are affected by the cold weather that continues every year. There were more than 2,000 BAAC executives and employees in the area and customer farmers participating in the activity at Ban Phue District, Udon Thani College of Physical Education. and Nong Han District Udon Thani Province

Mr. Yuwaphon Athut, Deputy Manager of the BAAC, revealed that the BAAC opened a system for notifying wishes and checking rights through the BAAC Mobile application from 1 October 2023 - 31 January 2024. Currently, there is 592,500 people who reported their wishes (as of 20 October 2023) went to the area to meet farmers with measures To check the steps and work processes to see if there are any problems. To improve convenience and speed For the Udon Thani province area There are 58,500 people entitled to the measure, with a debt amount of 7,978 million baht, and 17,030 people have reported their wish to join the measure through the BAAC Mobile application (information as of October 20, 2023).

Implementation of measures this time The government places importance on strengthening occupations. So that farmers have enough income and can pay off their debts. along with showcasing the model of the Ban Nong No sand roasted bean community enterprise group that operates a business of producing sand roasted beans and processing them into a variety of bean products, such as sand roasted beans, crispy fried beans, and herbal roasted beans, etc., with groups forming products according to needs. of the market and purchase peanuts from farmers in nearby areas to use as raw material And there is a selection of quality peanut seed sizes under standardized production processes. Makes it possible to distribute products both online and offline.

Available at Tops Super Market, Jingjai Market, airports, restaurants. and various shops in Udon Thani province Including online applications as well. There is also the Ban Dong Yang Phonphibun Community Enterprise Group. Make textile handicrafts from Mudmee cotton dyed with natural indigo. There is standardized production. Exquisite and beautiful Make the group's products It is widely known that BAAC has supported community development through model community development projects based on the philosophy of Sufficiency Economy. and elevate the community to a happy community

Ready to establish a learning center for the development of the Sufficiency Economy, a prototype of BAAC, to transfer knowledge in making handicrafts to interested people and communities in nearby areas. To be able to use it to expand your own business Both community enterprise groups have participated in the project to restore occupational potential. Under the principle of "leading market, additional innovation, increasing income" with BAAC to jointly develop and promote group members. Increased income during debt suspension which leads to a sustainable solution to the debt problem. - Thai News Agency

Source: Thai News Agency