Azerbaijani entrepreneurs get lax loans worth over 1mln manat

During the meeting, the authorized credit institutions issued over one million manat to more than 100 entrepreneurs involved in agriculture in the Azerbaijani regions of Agjabadi, Fizuli, Beylagan, Zardab, Barda, Yevlakh, Imishli, Ujar, Bilasuvar and Neftchala.

Financing projects through soft loans will help create over 150 new jobs.

As a result of activities undertaken in the Agjabadi region since early 2009, total lax loans issued by the NFES amounted to 103.2 million manat, the number of entrepreneurs receiving loans - more than 1,800 people.

A total of 7,200 jobs were opened as a result of lax loans.

/Trend Capital/