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Microfinance of Starting Business: the Results of the Year's Performance.
A year has passed since the moment when the Cooperation Agreement between the Federal Service for Employment and Labor Relations (Rostrud), Russian Non-Governmental Organization for Small and Medium Entrepreneurship "OPORA Russia", and the Non-Commercial Partnership "National Partnership of Microfinance Market Stakeholders" (NAMMS) was signed.
This Agreement gives entrepreneurs an opportunity, after receiving the subsidies from the government, to use the services of Microfinance organizations and credit cooperatives.
Microfinance institutions (MFIs) – the participants of the Starting Entrepreneurs Promotion Program, implemented by NAMMS in cooperation with Rostrud and OPORA Russia, issued during the period from August 1, 2010 till July 1, 2011 - 2501 millions roubles on small entrepreneurship development, including, for 6074 starting entrepreneurs the volume of finance comprised 248 millions roubles.
NAMMS Strategic partner in implementation of this Program is the Center of Microfinance (Kazan, Russia), which has more that 110 branches all over Russia.
As of today, 121 microfinance institutions, including 110 separate subdivisions of the Center of Microfinance (Kazan, Russia) participate in the implementation of this program, 57 Cooperation Agreements in 19 regions of Russia were concluded.
The National Partnership of Microfinance Market Stakeholders (NAMMS) thanks the Center of Microfinance (Kazan, Russia); «Microfinance», LLC; the Credit Consumer Cooperative «Capital Plus» (Togliatti); Voronezh Oblast Fund for SME Support; the non-commercial organization «Altay Fund of microloans»; the Credit Consumer Cooperative «Zolotaya Rus»; the «Center of Financial Services», LLC»; the Credit Consumer Cooperative «Rezerv», Altay Kray; the Irkutsk Oblast Fund for SME Support; the Municipal Fund of Local Development, (Aleksin); the «Perm Center of Entrepreneurship Development», JSC, for participation in this project implementation.
NAMMS invites all: microfinance organizations and credit cooperatives, working with small business, to participate in the project.
With all questions concerning this project implementation please, contact NAMMS, the project curator Lyudmila Sklyarenko at: firstname.lastname@example.org.
More detailed information about the project details is available at
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