On July 30, 2015 the non-profit organization "Fund of Support of Business of the Republic of Tatarstan" held the next meeting of the commission on consideration of demands from subjects of small and average business of the Republic of Tatarstan for receiving microloans.
According to the Federal law of July 2, 2010 No. 151-FZ "About microfinancial activity and the microfinancial organizations" 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.
The commission considered 7 demands from SMBS of RT for the total amount of 5 620 000 rubles. Following the results of a meeting the decision to give out 4 microloans for the total amount of 2 920 000 rubles, on condition of elimination of the remarks revealed by the commission was made.