Thai Cooperative Department Announces 328 Million Baht Flood Relief Package
The Cooperative Promotion Department is launching a 328 million baht interest-free loan program to assist cooperative members affected by recent flooding.
The Cooperative Promotion Department (CPD) has announced a financial relief initiative totaling 328 million baht to support cooperative members impacted by the recent severe flooding across Thailand. According to a report by Thai Post, the funds will be distributed through the Cooperative Development Fund as interest-free loans intended to help members restore their livelihoods.
In addition to the loan program, the CPD is implementing a temporary suspension of short-term debt repayment obligations, allowing members to defer payments until the flood situation stabilizes. To facilitate this, the department has instructed provincial cooperative offices to conduct a comprehensive survey of affected cooperatives and individual members. This data collection process is scheduled to be completed by October 30, 2026.
For residents and those involved in the local agricultural or cooperative sectors, this measure is significant as it aims to provide immediate liquidity to those whose income sources have been disrupted by the disaster. While the relief package offers a pathway to recovery, the specific criteria for individual eligibility and the exact timeline for the disbursement of these funds remain to be confirmed by local provincial offices. Residents are advised to contact their local cooperative branches for updates regarding their specific status and the application process for these interest-free loans.
