The Bank for Social Development announces statistics for the third quarter 2017

Monday-2017-11-06

The Bank for Social Development disclosed the results of the third quarter of the current year 2017 and the small and emerging projects adopted as well as the Social Loans Programme.

Support for the small and emerging enterprise sector and microenterprises

In the third quarter of the year 2017, the Bank approved 3833 projects valued at over 173 million rials in a programme that varied between emerging projects and emerging graduate projects, microenterprise loans and productive families, communications project loans and existing projects, with approximately 303 million micro-enterprises and emerging families having a share of 3231 projects, while emerging projects (438) were R$ (138).


Social loans
The statistics revealed that the bank had spent 16.714 social loans distributing between loans (marriage, family, renovation) valued at more than R$987 million, marriage loans in number and value at first place (11.899) a marriage loan valued at R705.2 million, while family loans (4.575) were family loans valued at R$269.5 million and housing repair loans (237).