Loans for AZN 5.6 million given to entrepreneurs through a new platform


July 24, Fineko/abc.az. The Ministry of Economy has created an electronic credit platform for accepting applications online (www.e-edf.gov.az) in order to give new business loans.

ABC.AZ reports that according to the Ministry, this platform is currently used for reviewing credit applications, accepting applications, analyzing the Business Development Fund of the Ministry of Economy and credit organizations, and informing about decisions to entrepreneurs.

As of 22 July the electronic credit platform received 1,447 applications for a new business loan in the amount of AZN 495 million.