Work begins with small loans next Thursday

by **Rocky** Thu 08 Feb 2018, 4:14 am

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Post n°1

Work begins with small loans next Thursday

by Rocky Thu 08 Feb 2018, 4:14 am

[size=30]Work begins with small loans next Thursday[/size]

08/02/2018 12:45 | Number of readings: 1

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[rtl]Trend Press / Baghdad[/rtl]

[rtl]The Ministry of Labor and Social Affairs to re-open the application on loans for small income-generating projects in Baghdad and the provinces through its website next Thursday . "[/rtl]

[rtl]A Labor Ministry spokesman, Ammar Menem, said in a press release that "the loan will be submitted for a month starting from the date of submission 15-2-2018, calling for job seekers who are registered in the database operating department Loans and the desire to obtain loans to submit electronically on the Ministry's website . " [/rtl]

[rtl]He explained that "the maximum limit of one loan from the fund to support small income-generating projects up to 12 million dinars paid in the form of installments over five years with a one-year grace period and without interest on the origin of the amount, while confirmed that the rate (3%) is Administrative fees have been set within the terms and conditions of granting loans . "[/rtl]

[rtl]The Department of Employment and Loans in the Ministry of Labor set a set of controls for the submission of loans granted to job seekers registered in the database according to the primacy of registration, including the age of the job seeker not less than 18 years and not more than 45 years and that the borrower himself to manage the project , And that the job seeker is not entitled to receive more than one loan. "[/rtl]

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