07 Apr
Caracas. ABN .- The Microfinance Development Fund (FONDEMI), an entity under the Ministry of People's Power for Communal Economy (Minec) delivered a second disbursement of 1 million 950 thousand Bolivars to 12 community banks Capital District in the sector The Cubana de Catia, according to press release Minec.
Deputy Minister of Finance Minec, Luis Arriaga, explained that this second disbursement was granted 150 000 Bolivars to 11 community banks, and 300 thousand Bolivars a joint bank.
"These resources are mainly directed to productive projects so that communities can meet their needs in terms of the potential with its inhabitants," said arriega.
added that this funding is one of the objectives that the Ministry has been promoting the construction of productive sectors to the benefit of the communities that are attached to these community banks, "and other activities related to the satisfaction of needs based on the planning to perform the same spokesman for the communal assemblies. "
For his part, Carlos Croatia, spokesman community council, José Agustín Caricuao Arquiola of the parish, said that this funding will be directed to the development of textile and alimentary cooperatives, as well as to Páez project implementation, which develops the Ministry of People's Power for Education, which will serve over 800 children. Notably
with this release, Fondemi has funded to date amounting to 25 million Bolivars Fuertes, 75 Capital District community banks.
also expected that by next April 18 is the delivery by the second disbursement of funding to 122 community banks throughout the country, amounting to reach 20 million Bolivars Fuertes.
Deputy Minister of Finance Minec, Luis Arriaga, explained that this second disbursement was granted 150 000 Bolivars to 11 community banks, and 300 thousand Bolivars a joint bank.
"These resources are mainly directed to productive projects so that communities can meet their needs in terms of the potential with its inhabitants," said arriega.
added that this funding is one of the objectives that the Ministry has been promoting the construction of productive sectors to the benefit of the communities that are attached to these community banks, "and other activities related to the satisfaction of needs based on the planning to perform the same spokesman for the communal assemblies. "
For his part, Carlos Croatia, spokesman community council, José Agustín Caricuao Arquiola of the parish, said that this funding will be directed to the development of textile and alimentary cooperatives, as well as to Páez project implementation, which develops the Ministry of People's Power for Education, which will serve over 800 children. Notably
with this release, Fondemi has funded to date amounting to 25 million Bolivars Fuertes, 75 Capital District community banks.
also expected that by next April 18 is the delivery by the second disbursement of funding to 122 community banks throughout the country, amounting to reach 20 million Bolivars Fuertes.
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