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PPCBL extending loans for dairy products and
livestock
LAHORE (April 10 2004): The Punjab Provincial
Co-operative Bank Limited (PPCBL) is extending
loans to small farmers up to Rs 150,000 for
development of dairy products and livestock.
Farmers could obtain these loans against mortgage
of land with double value of the loaning amount.
The loan will be payable in two year's period and
the bank would charge 12 percent mark-up,
according to an statement by the spokesman of the
bank announced here on Friday.
Farmers could get these loans up to 30th April.
The purpose of issuance of such loans was to
encourage small farmers and to overcome the
shortage of meat and milk, he added.
The DAWN
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Pakissan.com; Advisory Point
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