Azerbaijani entrepreneurs get favorable loans worth 93mln manat in 2010
Azerbaijan, Baku, Nov. 20 / Trend A.Akhundov /
Azerbaijani entrepreneurs got loans on favourable terms to the amount of 92.7 million manat through the National Fund for Entrepreneurship Support (NFES) under the Azerbaijani Economic Development Ministry, NFES Executive Director Shirzad Abdullayev said in Naftalan.
"Since early 2010, the fund has allocated favourable loans worth 92.7 million manat to 1,203 entrepreneurs," Abdullayev said. "Over 4,600 new jobs have been opened thanks to this loans , whose 99.8 fell to the country's regions."
The NFES also issued favorable loans totaling approximately 387,000 manat to 32 entrepreneurs of the Naftalan and nearby regions, the ministry said. Some 65 new job places will be opened at the expense of these funds.
The (NFES) organized the next event in the Naftalan region, which was attended by about 150 entrepreneurs. The event also defined priority areas in the region for confessional financing of projects.
Participants also familiarized with the activities of the health care center "Mocuzeli Naftalan-Saglamlıq Merkezi", which received a favourable loan from the NFES.