Volume of loans received by entrepreneurs of Azerbaijan’s Barda district revealed

By  Trend

Azerbaijan’s National Fund for Entrepreneurship Support since the beginning of its activity has provided preferential loans worth 543 million manats to businessmen in Aran economic district, the Azerbaijani Economy Ministry said in a message on October 27.

According to the message, the loans were allocated to 13,300 entrepreneurs.

As part of the business forum held in the country’s Barda district, entrepreneurs received preferential loans worth 1.3 million manats. These funds will be used on projects in the sphere of animal husbandry, gardening, bread and dried fruits production. Over 80,000 jobs will be created.

It is planned to allocate 150 million manats through the National Fund for Entrepreneurship Support in 2017.

Azerbaijan’s National Fund for Entrepreneurship Support was established in 1992.

(1.7002 AZN = 1$ on October 27)