Home > The Great East Japan Earthquake > The Damages caused by The 2011 off the Pacific coast of Tohoku Earthquake and Actions taken by Ministry of Agriculture, Forestry and Fisheries – Flexible provision of Super L loan fund to the farmers affected by the disaster.(March 30)


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The Damages caused by The 2011 off the Pacific coast of Tohoku Earthquake and Actions taken by Ministry of Agriculture, Forestry and Fisheries – Flexible provision of Super L loan fund to the farmers affected by the disaster.(March 30)

Summary

  It was decided that Super L loan fund which is widely utilized as a long-term business operation fund for improvement of management, to be quickly and flexibly applied for certified farmers who were affected by the off the Pacific coast of Tohoku Earthquake.

 

Description

  Agriculture, Forestry, Fisheries and Food Business Unit of Japan Finance Cooperation has decided to support certified farmers,who were affected by the off the Pacific coast of Tohoku Earthquake and were requiring a long-term business operation fund immediately, to improve management by reducing the impact of shipment restraint.
  For that purpose, a fund for strengthening of agricultural management base (thereinafter called “the Super L loan fund”) with practically zero interest rates for the first five years has been introduced

  The Super L loan fund is going to prioritize and finance the disaster-affected farmers quickly and flexibly without collateral up to 30,000,000 yen loan in accordance with farmers’ business condition.
Ministry of Agriculture, Forestry and Fisheries also has requested municipal special promotion council, the organizations which are responsible for certifying financial plans for improvement of management, through prefectural governments, for making an effort for dissemination of above-mentioned information and implementation of quick appraisal with responding the needs of farmers.

  Web-site of Japan Finance Cooperation : http://www.jfc.go.jp/english/index.html

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