Azerbaijan, Baku, August 6 / Trend N. Ismayilova /
On Friday, roughly 34 entrepreneurs in Balaken and surrounding areas got preferential loans worth 480,000 manat through the National Fund for Entrepreneurship Support under the Ministry of Economic Development, a statement said.
Implementation of projects will create over 65 new jobs, the report said.
The allocation of credit resources was conducted at the event in Balakan economic region of Azerbaijan. It was held with the participation of 140 entrepreneurs from Sheki-Zagatala region.
The fund conducted a training. Businessmen got information about the mechanism of issuing preferential credits, formation of business ideas, training and rules for investment projects.
On August 6, the official exchange rate is 0.8034 manat to $1.