Launch a new meal of small business loans

ا 2016/6/12 13:33

{Baghdad: Euphrates News}

launched Ministry of labour and Social Affairs 16th meal covered by income-generating loans registered in a database operating and loan service in Baghdad and the provinces.

The Ministry said in a statement, the Agency received a copy of {Euphrates news}, "covered by the meal 16 who already apply for loans reached 566 taking advantage of {Baghdad, Diyala, Babil, Diwaniyah, Karbala and Kirkuk, Wasit, Maysan, Muthanna, Najaf, Thi}".

"Direct loans will be handed over to implement small income-generating projects within the lending Fund program", noting that "the deadline for the receipt of transactions will be on 12 of September next, otherwise the citizen right to demand loan."

"The Ministry has set the covered mnavzaa for review as of today Sunday June 12 {today}, as shown at all", pointing to "protected names can be found on the website of the Ministry."

The Ministry met the 3% as administrative services fees of the loan amount, "declared names include borrowers within {SME support fund} which includes job seekers registered in the database of the Ministry, applicants for a loan does not exceed the upper limit him 12 million dinars to create small projects."

And the statement that "the operating and service loans identified inter controls to apply to loans granted to registered job seekers in the database according to the precedence of registration, including age job seeker at least 18 years old and no more than 45 years, and that the borrower himself with project management, the job seeker is not entitled to receive more than one loan".