Prime Minister Dr. Ralph Gonsalves says the Farmers Support Company which was established late last year, has so far approved loans for over six hundred Farmers who had applied for assistance.
Dr. Gonsalves provided an update on the loans disbursed to date, during a News Conference on Monday.
The Prime Minister said over just over 13-hundred Farmers had applied for loans.
The Farmers Support Company was established in November last year, to support local Farmers, and is being financed through a six million dollar Support Revolving Fund, which was launched in February this year.
The Farmers Support Company is providing concessionary loans to Farmers at two percent interest.