Disbursed 2261 government loans to support income-generating projects through 2018

Disbursed 2261 government loans to support income-generating projects through 2018



A woman in sewing
 
06/07/2018
 

Economy News Baghdad

The Ministry of Labor and Social Affairs announced that 2261 loans had been granted since the beginning of 2018 within the work of the Employment and Loans Department.

"Through the Training and Employment Department, the ministry granted (2261) loans distributed according to the categories approved by the ministry for grants such as the loans of the fund to support income-generating projects and industrial services loans," ministry spokesman Ammar Menem said in a statement read by "Economy News". Loans granted within the Community Rehabilitation category ".

He added that "the Training and Employment Department granted (2236) loans within the category of support fund for small income-generating projects, while the number of industrial loans eight loans and loans granted within the category of community rehabilitation (17) loans to be the total loans granted by the Department from the beginning of 2018 to 30/4 / 2018 (2261) loan ".

"The ministry grants soft loans to support small income-generating projects for registered job seekers within its database, ranging in age from (18-45) years to enable them to set up small and medium-sized enterprises," Menem said, noting that "the loan amount from (5-20) ) Million dinars".

"The amount of the loan is determined according to the nature of the project, while the loans granted to the community rehabilitation class contribute to the integration of the disabled and the marginalized groups in the society by involving them in economic and social life by establishing individual income-generating projects for the categories of women prisoners, And wives of severely disabled and disabled in working age) who are willing and able to work within the age group of 20 - 60 years, noting that the maximum amount of the loan does not exceed three million dinars.

He explained that "the industrial services department in the Training and Operation Department is a site disclosure of projects that wish to obtain industrial loans through a specialized committee to ensure that the project is ongoing and ongoing work," pointing out that "the completion of grant procedures require the submission of photographs of the project and a piece of advertising On the name of the project and what the work is to be identical to the document granted to him on the basis of which was covered by the loan to be sent to the Loan Division to complete the procedures approved in the grants and then sent to the Industrial Services Section to complete the exchange procedures.

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