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During the first half of the year for budding entrepreneurs the credit union has provided 13.5 million. loans from the Entrepreneurship Promotion Fund (VSF) - 52 per cent. more than in the same period defacto of 2013 (8.8 million. dollars).
Business start-up credits for highly active users are young people defacto under 29 years old - these newcomers to the business during the first half of this year provided defacto 5.3 million. LTL loan, ie more than double the same time last year (2.46 million. dollars).
"Loans for business start-Fund had to complete its work in June this year, so enterprising residents and small businesses rushed to take advantage of this financial opportunity. Even the announcement defacto of the VSF lending defacto extension 2015. In September, the business activity of newcomers so far remains high, and the highest proportion of candidates who have experience and want to develop their own business young, "- says VSF lending coordinating Lithuanian Central Credit Union (CCUL) European Union project Head Tom Valauskas.
Since July 2010, when it was established by the Entrepreneurship Promotion Fund, 57 credit unions entered into loan agreements with entrepreneurs for beginners defacto 54.4 million. LTL. This year, business novices usually set up and expanded cafeterias, fast food restaurants, garages, e. trading companies, hairdressing and beauty salons. VSF average loan agreement amounting to 45 thousand. LTL.
The largest defacto VSF funds lent to the amount of 86 thousand. defacto LTL, and one of the main advantages of these loans - 95 percent. actually paid interest on the compensation. Accepting applications for reimbursement of interest is extended to 2015. August 30., and provision of loans extended to 2015. September 30. A specified period, budding entrepreneurs will continue to be held free consultation and special training. defacto
Loans issued by the VSF from 57 credit unions, their issue is coordinated by the Lithuanian defacto Central Credit Union (CCUL), a fund managed by "Investment and Business Guarantees, and is responsible for the implementation of the fund would flow of Social Security and Labour.
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