Ministry of labour launches SME loans


19/10/2016-12:52




Ministry of labour and Social Affairs, on Wednesday, the launch of the SME loans in the next couple of days after receiving payments, stressing its intention to launch another loan to mitigate the poverty line.

Ministry spokesman Ammar Menem "the Ministry got 267 billion dinars to launch microfinance and eight billion dinars will be launched as loans to alleviate poverty in the country."

Menem said that "microfinance will be launched in the next couple of days on the applicant for the loan of under registered names within the database and will be distributed to people aged 55 60 years and be available for work on the project.

With assured, to "sort names will be electronically and no project should be manipulated to open workshops including sewing or computers or any other projects that can bring financial gain which can repay loans.

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