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Moscow fund of industry and business support and RusTender extend Russian microfinance market opportunities

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The Moscow fund of industry and business support has issued a special-purpose loan of RUR 66 mn to RusTender microfinance company. The loan will support the microfinance company and Moscow SMEs which are in need of microcredits at good conditions. The annual interest rate for credits to SMEs will be 12.75% and the credit amount won’t exceed RUR 3 mn.

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