North Caucasian entrepreneurs can easier obtain loans

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Makhachkala, February 11, 2016. In the near future, the loans for the small and medium businesses should become more accessible in the North Caucasian Federal District, since all the subjects of the Russian Federation, intend to sign an agreement with the JSC "Federal Corporation for the Development of Small and Medium Enterprises”.

"This document will, in particular, increase the availability of financial resources for the regional entrepreneurs and monitor the activities in support of SMEs in the North Caucasus Federal District," - the Ministry for Affairs of the North Caucasus.

According to the spokesman, the small and medium businesses in the region engage in about 600 thousand people.

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