Microfinance institutions made in a special register will be able to give to other businesses and individuals up to 1 million rubles. Interestingly, the Federal law № 151, which regulates the activities of such organizations, prohibits revise the interest rate and loan term in the contract period. Rights and obligations of microfinance institutions enshrined in the Federal Law of 02.07.10 № 151-FZ. The law lists the documents required for entry in the register of microfinance institutions. In addition, requires that rules for issuing microloans to each organization on the Roster are available to all comers. Ministry of Finance plans to issue a legal framework necessary for microfinance institutions and monitor them. Likely to follow the activities of such companies will have a special unit of the Ministry of Finance, said "BuhOnlayn.ru.
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