Azerbaijani businessmen get preferential loans to develop cotton growing
By Trend
Azerbaijan’s National Fund for Entrepreneurship Support has provided 195 entrepreneurs with preferential loans worth 9.8 million manats for development of cotton growing since early 2017, the Azerbaijani Ministry of Economy said in a message on November 23.
According to the message, entrepreneurs received preferential loans worth 965,000 manats as part of a business forum held in the Bilasuvar District on November 23.
So far, businessmen from Bilasuvar have obtained preferential loans worth 33 million manats.
This is while businessmen from the Aran economic district have so far obtained preferential loans worth 544.4 million manats.
The National Fund for Entrepreneurship Support was established in 1992.
(1.7002 manats = $1 on November 23)
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