The allocation of 24 billion dinars as loans through the electronic form


The Ministry of Labor and Social Affairs provides various loans to citizens to find employment and other opportunities to reduce the poverty rate, as well as other loans allocated to the Ninewa victims, which provide interest-free, but only a small amount called administrative Bajor not more than 1 percent.
The building of the ministry is crowded with borrowers who met one of them «Haydar Jassim of the occupants of Baghdad as a payer walking in the intersection of appeal with his son, the age of 11 years»; says that he has provided a loan since 2011 and whenever he demands the disbursement of the loan (10 million dinars), the Department gives him a small paper informing him to check them after two months .
Jassim points out that if he had arranged an advance with others since 2013, he would have received 20 million dinars, adding that this loan was his desire to buy a car that he used for a living and that he lived in it. This loan is interest free and most of the people who came with me received the loan, I was informed that my name was not on the lists of those who were covered and asked me to return after a month, pointing out that the treatment takes place via the Internet and carries a serial number (...).
Director of the Department of Small Business Support Department Director of the Department of Employment and Loans in the Ministry of Labor and Social AffairsAttap Ahmed Abdul Amirec confirmed to "morning" that the loan fund opened on 6/16/2013 and the applicants were up to (101 thousand citizens), stressing that the amounts allocated are not enough for this number and we are recycling We have now (52 billion dinars) proposed a month ago to update the data of job seekers and 53,000 people took their statements to include the loan and be paid before the end of this year. If not, they have been given one month to update their data until it is disbursed. Loan them.

Loan Programs
He explained that the Department has three programs for the first loans, the basic program, the fund to support small income-generating projects approved by Law No. 10 of 2012, indicating that the loan amount ranges from 3 to 8 million dinars and gives the borrower a grace period of one year from the date of receipt of the loan The loan is then granted for a period of 5 years, which is the payment period, where the amount is divided over five years, if it has received 8 million dinars, pay each year million and 800 thousand dinars each year, either the second program, which is the national strategy to reduce poverty began in 2012 and the number covered so far amounted to 11067 borrowers and This program is compatible N between the ministries of labor and planning after calling us the Ministry of Finance allocated through the Ministry of Planning annual amounts and we distribute loans annually on the condition that borrowers do not exceed the end of the year.
If the year exceeded the amounts revolve to the Ministry of Finance and adds Abdul Amir: The benefits set by Law No. (10) and the strategy to reduce poverty is exempted from tax and income tax, but are deducted simple amounts of office fees given once upon receipt of the loan.
As for loans for the strategy of poverty alleviation, there are administrative fees of 1 percent, for example, who receives (8) million dinars is taken from (80) thousand dinars only, knowing that the loan allocated for poverty ranging from 3-8 million dinars for 8 years granted a grace period of one year received date.
Abdul Amir pointed out that the third program is the community rehabilitation program, which belongs to two categories covered by the disabled persons who are disabled by 50 percent and above, widows and divorced women who do not have a fixed income and the loan amount from (100 thousand to 3 million dinars) Interest excluding administrative benefits.


Nineveh Loans
Abdul Amir pointed out that the Ministry of Labor and Social Affairs on July 31 this year granted loans to the province of Nineveh and the province has an amount in our fund (24 billion dinars) and this amount allocated to Nineveh according to its population density estimated at 3 million people.
He added that the amount amounted to (30 billion dinars) and was disbursed (600) loan Sukuk and the remaining (24 billion dinars) If a loan was granted by eight million dinars, we have given us at least 3,000 loans to citizens of the province
Nineveh.
Abdul Ameerkid that our proposal came to simplify the procedures either to do the bill system or activate the work of bank guarantee companies or to promise the borrower to bring guarantor guarantor or a bond of real estate and these loans are also useless, except for administrative fees is very simple, and now opened on 1/8/2017 Through the electronic form in the ministry and who provided the loan from the sons of Mosul until August 6 Do not exceed dozens and we will travel soon to Mosul to call the citizens of the province if they wish to apply for this loan.

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