Amounts of subsidized loans given to entrepreneurs over past 5 months published


June 28, Fineko/ The Entrepreneurship Development Fund gave subsidized loans to entrepreneurs for 1,266 projects in the total amount of AZN 43.7 million for Jan-May 2022, ABC.AZ reports with reference to the EDF.

Compared with the 2021 same term, Fund’s subsidized lending increased by 75.5%, and the number of financed projects by 3.7 times.

97.1% of loans were given for projects envisaging production of agricultural products, 1.8% - industrial products and processing, 0.3% - logistics, 0.8% - other spheres.