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Conscious / work decides soft loans was reduced to 12 million dinars
11/12/2014
The Ministry of Labour and Social Affairs has decided to reduce the soft loans to 12 million dinars at a higher per beneficiary, revealing "the existence of impediments to the granting of the rest covered by soft loans from the Fund program. Said Associate Director to support small income-generating projects, Ali Abbas to move correspondent statement (and the Iraqi News Agency Information / INA), said that "the most important obstacles to the granting of loans is the high number of applicants to take advantage of loans which reached 94 000 people so divided the names on the the form of meals. He said Abbas, he "decided to reduce the loan amount to the top limit {12} million for each beneficiary, and that the large number of applicants and the loan is granted in the form of meals by the project and have repayment for six years," noting that "the amounts earmarked to fund lending amounted to 150 billion dinars, which were distributed to the provinces According to population density under Statistics from the Ministry of Planning, "adding, that" it was agreed to be the process of grants made by Rafidain Bank and its branches, so the delay transactions for borrowers were by the banks, "pointing out, that" the health of the breasts operation of the Department sponsor the borrower which sends to the sponsor department another reason for the delayed payment of the amounts. "
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11/12/2014
The Ministry of Labour and Social Affairs has decided to reduce the soft loans to 12 million dinars at a higher per beneficiary, revealing "the existence of impediments to the granting of the rest covered by soft loans from the Fund program. Said Associate Director to support small income-generating projects, Ali Abbas to move correspondent statement (and the Iraqi News Agency Information / INA), said that "the most important obstacles to the granting of loans is the high number of applicants to take advantage of loans which reached 94 000 people so divided the names on the the form of meals. He said Abbas, he "decided to reduce the loan amount to the top limit {12} million for each beneficiary, and that the large number of applicants and the loan is granted in the form of meals by the project and have repayment for six years," noting that "the amounts earmarked to fund lending amounted to 150 billion dinars, which were distributed to the provinces According to population density under Statistics from the Ministry of Planning, "adding, that" it was agreed to be the process of grants made by Rafidain Bank and its branches, so the delay transactions for borrowers were by the banks, "pointing out, that" the health of the breasts operation of the Department sponsor the borrower which sends to the sponsor department another reason for the delayed payment of the amounts. "
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