Together with the new project PRuDent (Project for Rural Development in Bhutan) RENEW MFI is pleased to announce a new loan poduct:

Power-tiller loan.

PRuDent came up with the idea of cooperating with Karma One Stop Shop. Farmers now can avail a certain range of power-tillers to a discounted price when availing for this new loan product which is approved by RMA.

Farmers have the chance to get power-tillers delivered to their place by just applying for the loan – everything else is cared for. The procedures were piloted in Dagana and Tsirang branch, further roll-out just has commenced.

We believe that this will help farmers in rural areas very much. Once this loan product is established RENEW MFI is thinking to include further machinery.