Azerbaijan Youth Fund to give subsidized loans


October 30, Fineko/abc. The Ministry of Agriculture of Azerbaijan has presented AMAL, a new project aimed to increase agricultural employment.

Azerbaijan Youth Fund’s director Farid Jafarov stated during the project presentation that AMAL will support the Fund in implementation of plans on small loans for young people to ensure their employment.

"The Fund intends to give loans of up to AZN 50,000 with annual rate of 4-5%," Jafarov said.