H
香港政府
GIS
新聞處
DAILY INFORMATION BULLETIN
SUNDAY, NOVEMBER 9, 1975.
LOAN FUNDS TO HELP FARMERS AND FISHERMEN
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HONG KONG FARMERS AND FISHERMEN ARE BECOMING MORE SOPHISTICATED IN THEIR OPERATIONS WITH THE HELP OF THE AGRICULTURE AND FISHERIES DEPARTMENT.
APART FROM OFFERING EXPERT TECHNICAL ADVICE, THE DEPARTMENT HAS OVER THE YEARS EXTENDED CASH LOANS, THROUGH A NUMBER OF LOAN FUNDS. TO FARMERS AND FISHERMEN TO HELP THEM OBTAIN MODERN EQUIPMENT AND IMPROVE THEIR TECHNIQUES.
TO DATE, MORE THAN $140 MILLION HAVE BEEN GRANTED FROM THE SIX LOAN FUNDS (FOUR TO ASSIST FISHERMEN AND TWO FOR FARMERS) ADMINISTERED BY THE DEPARTMENT.
THE FUNDS ADMINISTERED BY THE DEPARTMENT'S FISHERIES BRANCH ARE: THE FISH MARKETING ORGANIZATION LOAN FUND (SET UP IN 1946), THE CO-OPERATIVE FOR AMERICAN RELIEF EVERYWHERE (CARE) LOAN FUND (ESTABLISHED IN 1957), THE FISHERIES DEVELOPMENT LOAN FUND (STARTED IN 1959), AND THE WORLD REFUGEE YEAR LOAN FUND (SET UP IN 1964).
THESE FUNDS WERE ESTABLISHED TO HELP FISHERMEN IMPROVE THEIR FISHING OPERATIONS THROUGH BETTER VESSELS AND EQUIPMENT, TO HELP THEM MODERNISE EXISTING VESSELS AND DEVELOP OTHER PRODUCTIVE ACTIVITIES.
THE TOTAL CAPITAL OF THESE FUNDS AT PRESENT AMOUNTS TO $12.79 MILLION. UP TO THE END OF SEPTEMBER 1975, A TOTAL OF $66.9 MILLION IN LOANS HAD BEEN ISSUED FROM. THE FUNDS.
A SPOKESMAN FOR THE CREDIT SECTION OF THE AGRICULTURE AND FISHERIES DEPARTMENT EXPLAINED THAT THERE IS NO FIXED LIMIT TO THE AMOUNT OF LOANS APPLIED FOR OR IN THE LENGTH OF PERIOD FOR REPAYMENT. +ALL APPLICATIONS ARE CONSIDERED ACCORDING TO THE INDIVIDUAL NATURE OF THE PLANS,+ HE SAID.
ON AVERAGE, HE SAID, ABOUT 300 APPLICATIONS ARE RECEIVED EACH YEAR FROM FISHERMEN, MOST OF THEM UNDER THE FISH MARKETING ORGANIZATION LOAN FUND.
FOR SHORT-TERM LOANS, REPAYMENT IS MADE WITHIN THREE YEARS, WHEREAS REPAYMENT OF BIGGER LOANS USUALLY STRETCHES OVER À TEN-YEAR TO 12-YEAR PERIOD.
THE AMOUNT
Issued by Government Information Services, Beaconsfield House, Hong Kong. Tel: 5-233181
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