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[size=30]The Ministry of Labor launches small business loans[/size]
19/10/2016 09:34 | Number of Views: 77
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Direction Press / Baghdad
The Ministry of Labour and Social Affairs, on Wednesday, announced the launch of small business loans during the next two days after receiving the money, saying it will launch other loans for the purpose of alleviating the poverty line.
He said ministry spokesman Amar Menem said in a statement that "the ministry received 267 billion dinars to launch small and eight billion dinars loan projects will be launched in loans to ease the poverty line in the country."
He said Menem, that "small business loans will be launched during the next two days, provided that the applicant for a loan under the names registered within the database and will be distributed to people aged between 55 to 60 years and be a full-time to work on the project is submitted."
While stressing that the "screening mechanism names electronically will be no room for manipulation to be projects to open workshops, including sewing or computers or any other projects could return Bmaxb financial position to repay the loans through."
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