Mrs Auramon, right, presided over the “Promoting Perennial Trees as Business Collateral” event held recently at the Village Wisdom Center in Ban Lao Ma La Ko, in Thung Luang in Ratchaburi.
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Mrs Auramon, right, presided over the “Promoting Perennial Trees as Business Collateral” event held recently at the Village Wisdom Center in Ban Lao Ma La Ko, in Thung Luang in Ratchaburi.
The Business Development Department, in collaboration with the Bank for Agriculture and Agricultural Cooperatives (BAAC), is driving an initiative to use perennial trees as collateral for business loans.
The effort aims to provide farmers and entrepreneurs with greater access to finance by leveraging the value of their natural resources.
Perennial trees can be utilised not only as collateral, but also as assets to generate future…