Funding for Goychay Business Starts
The priority in lending business in Goychay has been defined.
According to the information on the website of the National Fund for Entrepreneurship Support (NFES), they consider most appropriate lending to family farms of up to 50 head of dairy cattle, modern greenhouses, orchards of pomegranates and persimmons, and potato-growing farms.
According to the announcement, local businesses can not only provide the authorized credit institutions of NFES their projects in these areas, but also expect to receive appropriate consultations with the possibility of granting the loan in full the cost of the project.
NFES was established in 1992. Its agents in the issuance of loans are 46 banks and micro-finance organizations.
Last year, the Fund issued preferential loans amounting to 275 million manat, while the program for this year is 280 million manat. --17D-
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Economics
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