Makhachkala, January 26, 2012. On January 25, in Makhachkala, the Association of Farmers and Agricultural Cooperatives of Dagestan along with the "Russian Microfinance Centre" Foundation with the support of the branch-profit corporation "ICDvoka" (USA) in Russia held a training consulting seminar on "Improving financial literacy among the seminar participants and the preparation of request for loan receiving".

The event was attended by the president of Association of Farmers and Agricultural Cooperatives of Dagestan Magomed Abdurakhmanov, the director of the project "Promotion of Agriculture in the Northern Caucasus" Anatoly Maximov and the specialists of the Republican Youth Business Incubator "Dagestan". The seminar was moderated by the representative of the Russian Microfinance Centre in Kabardino-Balkaria Republic, Albert Kilchukov.

Kilchukov noted that the objective of the training seminar was to train how to effectively deal with the lending institutions, self-planning processes and how to run business.