Nearly $10M of loans granted to female entrepreneurs in Azerbaijan

Business
  • 26 January, 2024
  • 13:46
Nearly $10M of loans granted to female entrepreneurs in Azerbaijan

In 2023, the Entrepreneurship Development Fund (EDF) under the Ministry of Economy granted 16.4 million manats ($9.65 million) in preferential loans to 290 female entrepreneurs in Azerbaijan, Report informs, citing the Fund.

In addition, last year, the EDF allocated 7.1 million manats ($4.18 million) for the financing of 108 projects of young entrepreneurs.