Baghdad – INA – Mohammed Al-Talibi
Today, Sunday, the Executive Director of the Riyada Initiative, Hussein Flamers, announced the launch of the second phase of Riyada Initiative loans, while indicating that the number of registrants has reached nearly 40,000 people.
Flamers told the (INA): “Registration has been opened for the Riyada initiative, as the number of registrants during the past 5 days has reached 40,000 people,” noting that “the second phase of loans has started as of today and there are 100 training halls throughout Iraq for registrants.”
He pointed out that “the number of trainees is 2,000, and each hall will have 100 trainees,” indicating that “there is an increase in the registered numbers, which have reached nearly 400,000 registered in the initiative.”
He pointed out that “6,000 loans have been prepared and will be launched weekly from Rafidain and Rashid Banks, and there is a financial allocation for these loans, and on this basis the trainees will move.”
He explained, “We receive 2,000 trainees in each stage per month. We have two stages, and the expected number of trainees is between 2,000 and 3,000 per month who are trained.”