Businessmen of Abzelilovsky region will be rendered financial support for 25 million rbl.

The Ministry of Economic Development of Bashkortostan and the Republican Microfinancing Centre will support businessmen of Abzelilovsky region suffered as a result of the emergency situation.

As the press-service of the Ministry of Economic Development RB informs, under the terms of the state support rendered to small-scale business, terms of microloans payback for businessmen of Abzelilovsky region will be increased. The fixed interest rate is decreased from 10 percent per annum to 0,5 percent. Thus, the total sum of support will make more than 25 million rbl. Corresponding additional agreements with businessmen will be concluded at Abzelilovsky office of the Republican Microfinancing Centre in Askarovo village.

It should be mentioned that microfinancing is one of the most demanded kinds of the state support to small-scale business in the republican territory. Businessmen of cities and regions of Bashkortostan were granted more than 750 million rbl. of preferential microloans in the sum up to 1 million rbl. at the fixed rate of 10 percent per annum. 12 offices of «Microfinancing Centre of RB» operate in the territory of Bashkortostan.