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Press/Media
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30.05.2003
Small entrepreneurs in the South of Russia (“Komsomolskaya Pravda”)
An important issue for the Russian society of today is development of small entrepreneurship. Politicians, both right-wing and left-wing, love talking about small entrepreneurs. The RF Government makes decisions about them. A special programme for entrepreneurship support has been developed.
28.04.2003
Small entrepreneurs of Nizhny Novgorod ("Birzha", weekly paper of Nizhny Novgorod entrepreneurs)
A new social group that has appeared in Russia as the result of the social and economical transformations occurred in the Russian society is representatives of small business: small entrepreneurs. Who are those people? In 2002 the Small Entrepreneurship Support Fund “FORA” working in Nizhny Novgorod since 2000 performed a special study of the position of small businesses in today Russia.
04.04.2003
National peculiarities of small business (“Vremya MN”)
According to the data of the Ministry of Tax and Charges, as of the beginning of 2002, the total quantity of the workers including the hired staff was 11.6 million people, of which 4.5 million are small entrepreneurs making business alone or with their family members.
31.03.2003
FORA Fund: two years in St. Petersburg ("Predrinimatel Peterburga")
In May it will be two years since the Small Entrepreneurship Support Fund FORA opened its branch in St. Petersburg. It has branches in 10 other regions of our country. FORA is the Russia-largest non-banking organization working in the field of microfinancing and providing financial support to small businesses in the framework of international programmes
07.11.2002
4500 (“Novgorod”)
4500 loan certificates have been already issued by the “Perspektiva” branch of the Small Entrepreneurship Support Fund FORA. And in five years this credit organization has credited over 1600 projects, for the total sum of about 83 million Roubles.
04.11.2002
Mission of FORA: to be the best (“Ekonomika i vremya NN”)
Five years ago, a special small and medium business support
project was initiated in Novgorod Oblast within the framework of the
Regional
Investment initiative programme financed by USAID and supported by Opportunity
International, an international public corporation.
21.10.2002
Money for a small business (“AiF Novgorod the Great”)
Everybody knows, there is not too much money. Especially if you invest into your own business. And the lack of free funds is the problem that every businessman is familiar with. One of the ways to resolve it is taking credits. Loans from "Perspektiva", the Novgorod branch of the Small Entrepreneurship Support Fund FORA, have become a simple and efficient way for many small businessmen to increase their profits.
04.06.2002
We are here. We are working. We have already achieved some results (“Novosti Pskova”).
In Pskov, a unique organization supporting small businesses, FORA Fund, has been presented. It was established by Opportunity International, an international public corporation having the 7-year microfinancing experience of working in Russia, and the 30-year experience of working in 25 countries of the world.
06.05.2002
FORA: Real successes of small businesses (“Zhensky Parlament”)
Today this unique organization supporting small businesses in Russia, FORA Fund, can be an indicator of the health of Russian small business. In 2001 the loan portfolio of FORA increased by three times, and the number of FORA’s clients exceeded six thousand.
13.03.2002
FORA: creating what people need (“Business Press”)
In July, Fund for Small Entrepreneurship Support “FORA” will celebrate its second birthday. It is the largest organization in Russia, which specializes in disbursing microloans to entrepreneurs. FORA has been working in Lipetsk since the very start of its operations and gained entrepeneurs' trust and respect...
14.06.2001
FORA: gives you money FOR your business (“Birzha”)
In the today conditions it is rather difficult to start up and develop your business. Very frequently, financial investments into a starting entrepreneur are a pipedream. However, this dream has come true. Today you can realize it. A new microcredit system servicing entrepreneurs owing small business has appeared in Nizhny Novgorod.
11.05.2001
FORA continues expanding cooperating with Nizhny Novgorod entrepreneurs (“KP NN”)
When Nadezhda Volobuyeva came to FORA for the first time, she and her husband just started their business selling milk, mineral water and juices. Their capital was insufficient to develop the trade, and the trading point needed new equipment: second fridge, etc.
05.05.2001
A credit for a stallholder (“Birzha”)
There are different businessmen. There are oligarchs, owners of factories, newspapers, and ships; and there are those who sell goods standing at a stall in a market or have a hairdresser’s with two chairs. Those are the small entrepreneurs, for whom the new Small Entrepreneurship Support Fund, FORA, has started working in Nizhny; the presentation of FORA was held on 25 April in the White Hall of the Oblast Library...
03.05.2001
Business loans for businessmen (“Argumenty i Fakty NN”)
“FORA's work must help economy and entrepreneurs of Nizhny Novgorod”, were the words of Deputy Governor of Nizhny Novgorod Oblast, Vladimir Bulanov, who greeted the participants of the opening ceremony on 25 April…
27.04.2001
Homey loans (“Argumenty i Fakty NN”)
Who could have thought that street sellers of garden-stuff or slippers have business relationships with a world-wide microfinancing institution: Small Entrepreneurship Support Fund FORA? For example: Aleksander and Natalya K. …
23.04.2001
FORA Fund opens its Central Office in Nizhny Novgorod (“Monitor”)
The Fund for Small Entrepreneurship Support “FORA” will present its work in Nizhny Novgorod, on 25 April. Distinguished guests from USAID, UK Embassy, managers of regional branches of the Fund, representatives of municipal and oblast authorities will celebrate the opening of the Central Office of the Fund at 52 Osharskaya Street. …
21.03.2001
Businessmen! You have our support!
A great part of the Russian population is in business today working
for private entrepreneurs or in big or middle-sized companies. However,
the unemployment issue is still very acute. And generation of new
workplaces requires that this or that business be helped to develop…