NEW PHASE OF “COMMUNITY DEVELOPMENT AND MICRO-CREDIT PROJECT” TO BE REALIZED

03.11.2004 [16:23]
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The International Organization For Migration (IOM), with the financial support of the UN Development Program will develop a new phase of the “Community Development and Micro-Credit Project” which it realizes in the Nakhchivan Autonomous Republic of Azerbaijan.

Granting of micro-credits to the cohesive groups without funds aiming at preventing economic migration will be realized henceforth by the limited association created jointly by Supreme Majlis of the Nakhchivan Autonomous Republic and IOM, AzerTAj said.

The Project will stimulate formation of local communities and community-based associations in developing their management capacity for sustainable economic and human development in the region.

The Project has been realizing since 1998.

NEW PHASE OF “COMMUNITY DEVELOPMENT AND MICRO-CREDIT PROJECT” TO BE REALIZED

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