108 peasants receive loans in Karbala

KARBALA / IraqiNews.com: A total of 108 peasants in Karbala have received loans ranging between 3 and 10 million Iraqi dinars to develop livestock production and the agricultural potential of their own areas, according to a local official. “The loans were provided by Karbala’s agricultural department in cooperation with the Agricultural Bank,” the media director of Karbala’s agricultural department, Baher Ghali, told IraqiNews.com news agency. Beneficiaries of the loans will be required to repay them in four installments, he added. 1 U.S. dollar= 1,118 Iraqi dinars. The holy Shiite city of Karbala lies 110 km southwest of the Iraqi capital Baghdad. SS (P) 1