Credit Committee approved a loan valued AFN 20 million

On August 25, 2020, ADF managed to organize a Credit Committee meeting chaired by His Excellency Mahboobullah Nang, MAIL Deputy Minister, and Chairperson of the ADF Credit Committee to discuss the loan application of a carton manufacturing company that applied for an ADF loan of AFN 20 million. The ADF business development and technical teams presented the case; however, it was not approved due to questions and considerations raised by some members.

After provision of proper explanations to questions by ADF, the Credit Committee finally approved the presented loan application. The carton manufacturing company will utilize the loan for procurement of raw material to produce carton sheets and packages for different types of agricultural products.

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