Azerbaijan, Baku, Dec. 3 / Trend/
Azerbaijani entrepreneurs got loans on favourable terms to the amount of 100.3 million manat through the National Fund for Entrepreneurship Support (NFES) under the Azerbaijani Economic Development Ministry, NFES Executive Director Shirzad Abdullayev said in the Ujar region.
"Since early 2010, the fund has allocated favourable loans worth 100.3 million manat to 1,303 entrepreneurs," Abdullayev said. "Over 4,900 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 400,000 manat to 34 entrepreneurs of the Ujar and nearby regions, the ministry said. Some 70 new job places will be opened at the expense of these funds.
The (NFES) organized the next event in the Ujar 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 LTD Ucar-Broyler which received a favourable loan from the NFES.