In the Tambov region has disbursed its first loan under the state program of microfinance

© RIA Novosti / Maxim to Bogodeeva in photobackup factory FGUP Goznak. Archival photoIn the Tambov region has disbursed its first loan under the state program of microfinance© RIA Novosti / Maxim to Bogodeeva the image Bank

A new institution of state business «microfinance Fund», created in the Tambov region, issued its first microloan to an individual entrepreneur from Nikiforovsky district, which engaged in retail trade in the remote villages; funds will be used to purchase fixed assets, expand the range of goods and services, reported RIA Novosti the representative of the press service of the regional administration.

«The Fund will provide microloans in the amount of three million rubles for a period up to three years at a rate of 7 to 9.25 percent per annum. The range of credit products takes into account the requirements of different categories of entrepreneurs: starting a business and those who are involved in the overhaul of apartment houses, those who create cooperatives who need funds for participation in public procurement, development of horticulture, investment in new production. The names of the relevant programs: «Start», «Standard», «invest», «Mono», «Tender», «Cooperative», «MKD», «green thumb,» — said the Agency interlocutor.

Key requirements for all products are increasing the tax base, increasing wages and creating new jobs. Priority will be given to entrepreneurs implementing projects in the sphere of rendering services to the population, production of export-oriented and import-substituting products.

«The Fund’s assets now amount to 55 million rubles. Moreover, 48 million rubles — is to attract Federal funds that are obtained through participation of our region in the competition of the Ministry of economic development. I want to note that for the overall amount of Federal funds allocated for 2017 Tambov region for the provision of financial support to SMEs and organizations infrastructure occupies the fifth position in the Central Federal district», — quotes the press service quoted head of Department on industry and enterprise development Tambov region Natalia Makarevich.

The press service added that to the end of the year the Fund intends to support at least 19 small and medium business, the result of which must be created at least 46 new jobs.

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