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President Medina backs Puerto Plata cattle ranchers, women’s groups

President Danilo Medina was in Luperon in Puerto Plata province yesterday, Sunday 2 February where he visited cattle ranchers and women’s enterprise groups. He announced RD$16 million in low-interest loans for the Luperon Cattle Ranchers Association to improve milk, cheese and yoghurt production. The loan repayments will be charged 0.41% monthly interest. Of the total, RD$10 million will be managed by the Special Fund for Farm Development (FEDA) and the rest through the Administrative Ministry of the Presidency.

During the visit, the Presidency announced that RD$43.6 million would be available for women’s enterprise groups and for cattle ranchers in Jamao al Norte, in Espaillat province.

Source: DR1, Puerto Plata digital

Category: DR News |

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Last updated December 8, 2016 at 12:39 AM
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