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Adygea's Entrepreneurs have been given 37 million rubles of preferential microloans

Photo: Ministry of Economic Development of Adygea

Within the framework of the national project "Small and Medium Business and Support for Individual Entrepreneurship" in the Republic of Adygea, small and medium-sized businesses can benefit from targeted financial support. In particular, the Adygea Entrepreneurship Support Fund issued microloans of 12.75 million rubles to five entrepreneurs. This was announced by the head of the general department of the Ministry of Economic Development and Trade of the republic, Oleg Nesheretov.

Microloans are issued to replenish working capital and purchase fixed assets, create new jobs. The minimum amount is 50 thousand rubles, the maximum amount cannot exceed 5 million rubles. The minimum provision period is 3 months, the maximum is 36.

In total, since the beginning of the year, the Regional Entrepreneurship Support Fund has issued microloans to 17 small and medium-sized businesses in Adygea for a total of 37.3 million rubles.