BAKU, Azerbaijan, February 19. The Azerbaijan Entrepreneurship Development Fund dished out soft loans amounting to a whopping 248.1 million manat ($146.5 million) to a staggering 5,722 projects by entrepreneurs in 2024.
Data obtained by Trend from the fund shows that during this period, 472 women entrepreneurs benefited from the fund's soft loans, receiving a total of 18.7 million manat ($11 million) for their projects.
Meanwhile, 170 young entrepreneurs received a total of seven million manat ($4.1 million) in soft loans for the projects they presented.