Dilyus Shavaliyev: "Loans of Fund of support of small and average business have nothing common with microloans to a pay"

The Fund of financial support of subjects of small and average business of the Republic of Tatarstan subordinated to the Ministry of Economy of the Republic of Tatarstan in 2015 will be capitalized. The total amount of fund will make 500 million rubles from which 100 million rubles are already allocated from the budget of the Republic of Tatarstan, and 400 million rubles are expected on the terms of joint financing from the federal budget. The fund provides to subjects of small and average business microloans to 1 million rubles for a period of up to 3 years at the rate to 10% per annum. Activity of fund gains especially value in the conditions of considerable rise in price of financial resources for business.