EDF subsidized loans given for 908 investment projects for 2020

15:48 - 10.02.2021

February 10, Fineko/abc.az. The Entrepreneurship Development Fund gave subsidized loans for totally AZN 126.9 million to finance 908 investment projects estimated at totally AZN 397 million.

Due to the loans given, 2,725 new jobs were created, ABC.AZ reports with reference to the EDF.

The source of financing was income from subsidized loans given by the Fund in previous years, including the amount of the principal debt on the loan, interests and other revenues.

 

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