Thailand Launches 328 Million Baht Relief Fund for Flood-Affected Cooperatives
The Department of Cooperative Promotion has announced interest-free loans and debt relief measures for cooperative members impacted by recent flooding across 17 provinces.
According to a report by Khaosod Online, the Department of Cooperative Promotion (DCP) is implementing a 328 million baht financial relief package to assist cooperative members affected by severe flooding. As of October 22, 2026, the Department of Disaster Prevention and Mitigation has identified 17 provinces impacted by the disaster.
Narid Bunchai, Deputy Director-General of the DCP, stated that the initiative provides interest-free loans through the Cooperative Development Fund. Eligible members may apply for loans of up to 30,000 baht for a one-year period to help restore their livelihoods. Additionally, the department is offering debt repayment extensions for both cooperatives and individual members to ease financial pressure during the recovery phase.
For residents and those involved in local cooperatives, this measure is intended to provide immediate liquidity. Cooperatives seeking assistance must submit their requests through their respective provincial cooperative offices by October 30, 2026. While this program offers significant financial support, it remains to be confirmed how quickly the funds will be disbursed to applicants and whether further relief measures will be introduced if the recovery process extends beyond the initial one-year period. Those affected are encouraged to contact their local provincial cooperative office for specific eligibility details and application procedures.
