Rural Loans for Entrepreneurs
Rural Loans for Entrepreneurs
Monday, April 16, 2018

Rural Loans for Entrepreneurs

Monday, April 16, 2018

Rural Loans for Entrepreneurs

The government will offer loans ranging from 1 billion rials ($23,809) to 60 billion rials ($1.42 million) to entrepreneurs who create jobs in rural regions, the vice president for rural development and deprived areas said. “Entrepreneurs in cities with a population lower than 10,000 will also be granted working capital loans of up to 10 billion rials ($238,095) with an annual interest rate of 10% and a payback period of six months,” Mehr News Agency also quoted Abolfazl Razavi as saying. 


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