30/06/2021
Millions in Myanmar expected to go hungry in coming months: UN
Food insecurity is rising sharply in the wake of Feb.1 military coup and deepening financial crisis,with millions more expected to go hungry in the coming months, the United Nations said during the meeting.
Upto 3.4million more people will struggle to afford food in the next few months, with urban areas the worst affected as job losses mount in manufacturing and construction, and as services and food prices rise, a World Food Programme [WFP] analysis showed.
"More and more poor people have lost their jobs and are unable to afford food," country director Stephen Anderson said in a statement.
The crisis has brought the banking system to a standstill, shuttering many branches, leaving businesses unable to make payments and customers unable to withdraw cash.
We therefore provide financial assistance to small & large medium enterprises[SMEs] as well as individuals to enable people who are in any way affected by this crisis to rebuild their lost businesses.
This loan is designed from the range of $500,000 [Five Hundred Thousand Dollar] to $10,000,000 [Ten Million Dollar].
This loan will be given out without collateral but a total of 5% interest will be paid after a certain period in which 2.5% must be paid upfront before the release of the fund. and can be negotiated in some cases.
Other information will be disclosed to you once we get a response from you.
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