BAKU/21.10.13/TURAN National Fund for Entrepreneurship Support (NFES) granted to entrepreneurs in Gobustan and the surrounding areas of soft loans.
As reported in the fund, the fund is authorized agents of the 43rd business entities were granted loans totaling 494.5 thousand manats, which in turn will create over 70 new jobs.
Since the beginning of this year to fund more than 3,600 investment projects provided more than 247.2 million manat. For all the time in the Nagorno-Shirvan economic zone was implemented in 1035 projects worth 39.1 million manat.
NFES was established in 1992 and active lending by the fund began in 2002. Issuance of loans to entrepreneurs is arranged by 38 authorized banks and non-banking credit organizations. In 2012 the fund to finance investment projects in 2400 areas allocated 218 million manat. NFES loans in 2013 are forecast at 250 million manats. Thus, the fund has mastered 98.9% of the budget. - 15D -
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