Azerbaijani farmers get subsidized loans for AZN 210 million since 2007 through Agriculture Ministry


December 18, Fineko/abc.az. This year the Azerbaijani farmers have received subsidized loans for AZN 10 million from the State Service for Agricultural Projects & Loan Management under the Ministry of Agriculture.

Service’s head Mirza Aliyev has stated that 151 farmers from 41 districts of the country have been given subsidized loans this year.

"Since 2007 the Service has given 22,000 loans to farmers for AZN 210 million. The loan portfolio is distributed among 10 banks, 11 non-bank credit institutions and 19 credit unions," Aliyev emphasized.