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Business Priorities for Lerik
The National Entrepreneurship Support Fund (NFES) has identified priority areas for lending entrepreneurs in Lerik region. According to the Declaration of the Fund, NFES considers appropriate lending livestock and bee farms, enterprises for the production of cheese, plastic doors, windows, socks, and honey processing companies by industry and its packaging.
Entrepreneurs who have submitted to the authorized credit institutions of the Fund its projects in these areas can receive appropriate advice, as well as wishes to obtain a loan of up to 100% of the cost of the project, reads the announcement.
NFES was established in 1992. The agents of the Fund for loans serve 50 banks and non-credit institutions. The volume of lending to entrepreneurs in Azerbaijan through NFES in 2014 amounted to 295 million AZN. --17D-
Economics
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