Myanmar: Farmers Fight to Mortgage Their Farmland
Jul 7, 2016
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Htin Linn Aung, Myanmar Times
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Farmers and agricultural industry bodies are demanding that farmland is accepted as collateral for bank loans, but implementing such a system is fraught with problems. Residential and industrial land qualifies as loan collateral in Myanmar, and the Myanmar Rice Federation is backing farmers in pushing for farmland to be accepted too.