Tuesday, October 31, 2017

Lending by Economic & Social Fund hits $120 million.

The Economic and Social Fund for Development (ESFD) said it has provided nearly 9,800 loans to small and medium enterprises (SMEs) since it launched its operations in 2003 and until September 2017. The overall value of the loans reached 179.9 billion liras (around $120 million).

These loans have contributed to the creation of more than 8,000 jobs, a statement by ESFD said.

The loans granted to the services sector accounted for 39 percent of the overall number of loans while trade r...

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