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  Economics 
22 of January, 12:22

Netcapital forbid to repay microloans
At the session of the Cabinet of Ministers will be considered a bill that would prohibit microfinance organizations to work with the parent capital. This will allow more intentionally to use funds allocated by the state to help families.

"The bill proposes to make changes for the exclusion of microfinance institutions from a number of organizations that may be sent funds to the parent (family) capital to close the obligations on loans", - is told in the news Department of public relations of the Cabinet of Ministers. The session will be held on January 22, 2015.

According to the new law can establish that the activities of credit consumer cooperatives must be fulfilled for at least 3 years from the date of their state registration. Specifically, in such organizations today can be channelled funds to the parent capital for debt repayment.

According to reliable information the pension Fund of Russia, 1,833 million people in Russia have started up tools netcapital directly to the improvement of housing conditions. Almost 30% of this number of people used for the repayment of principal and payment of interest on loans. In turn, the closing of loans granted to residents of microfinance institutions, the parent capital used 135 thousand people.

According to reliable sources the main information and analytical centre of the Ministry of internal Affairs of Russia, from 2010 to 2013 revealed 4,183 thousand crimes related to illegal withdrawal of mercapital, even in 951 if there were violations in the use of funds equity at the closing of the senior debt and the payment of interest on loan agreements concluded with microfinance organizations.

sections: Economics

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