Business priorities in Ganja

The National Entrepreneurship Support Fund (NESF) has identified priority areas for lending to businesses in Ganja.

As stated in the declaration of the Fund, it is considered appropriate lending local projects dedicated to "green stores", a modern logistics center, a greenhouse complex and small enterprises for the production of plastic windows and doors.

"Entrepreneurs operating in Ganja can submit the authorized credit organizations of the Fund their projects in these areas. They can also get consultation at the Fund. Thus on the basis of the wishes of entrepreneurs, NFES can provide a loan of up to 100% of the project cost," says the ad.

NESF was established in 1992. Agents of the Fund for loans are 46 bank and non-bank credit organizations. In 2013, the Fund disbursed subsidized loans for 275 million manat. In 2014 the Fund plans to extend credit, in the amount of 280 million manat. --17D-

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