Putin decided microfinance organization's future
Russian President Vladimir Putin said there are no plans to ban the activities of microfinance organizations in the country. As the head of state said during the direct line, despite the problems that arise, they have found their niche and are helping many people.
“It’s another matter if they abuse people’s trust - they must be brought to their senses. We have often discussed the work of such organizations with our financial authorities, and we will look again,” Putin said.
Previously, regarding the number of microloans issued, Bashkiria took fifth place among the country's regions.
Author: Ivan Vavilov
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