Priority for Oguz Entrepreneurs

The priority in lending businesses in Oguz has been determined. According to the National Fund for Entrepreneurship Support (NFES), considered to be the most appropriate are projects for specialized "green shopping" and family farms with up to 50 head of dairy cattle. In addition, local conditions may demand intensive vegetable growing farms, grain farms, wine growing and bee-keeping, as well as enterprises for the production of cheese, dried fruits and sweets.

The authors of these projects can count on the support of the Fund and the relevant advice. In addition, loans may be allocated, amounting up to 100% of the cost of the project, the website of the Ministry of Economy and Industry reported.

NFES was established in 1992. It provides loans through agents - 50 banks and non-bank credit organizations. Last year, it allocated 295 million manats. --17D-

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