The quantity of issued micro loans increased three times in Bashkiria

Luboth Kolokolova

In the first half of the current year АNО «Centre of Micro-financing of Bashkortostan Republic» increased three times the quantity of given out micro loans in comparison with the similar period of the last year. In total as of July 1, 696 micro loans for the total sum of 483 million roubles are given out to businessmen of Bashkiria.

We should remind that in the republican territory the network works consisting from 10 remote offices which are carrying out free consultation of businessmen, applications acceptance and registration of contracts for microloans in the sum up to 1 million roubles for the period of one year under the fixed interest rate of 10 % per annum.

In connection with demand of the given kind of the small-scale business state support by the order of the Bashkortostan Government from June 29, 2012 additional allocation of budgetary funds is provided to increase the authorised capital ANO «Centre of Microfinancing РБ» and volumes of micro financial support of small-scale business. For the specified purposes from the federal budget on conditions of co-financing it is also planned to attract 54 million roubles in addition within this year, the State Committee RB on Business and Tourism informs.

#small-scale business support

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