Azerbaijani Economy Ministry presents new platform for entrepreneurs

BAKU, Azerbaijan, June 30 By Samir Ali - Trend: Azerbaijan’s Ministry of Economy has presented a new platform for entrepreneurs, said Minister of Economy Mikayil Jabbarov, Trend reports. The economy minister made the remark at a press conference on June 30. “This platform is entitled the ‘Electronic Credit Platform’ (https://e-edf.gov.az/#/), and through it, the entrepreneurs will have the opportunity to apply to two banks for a soft loan for people suffering from the COVID-19 pandemic, and entrepreneurs can take out loans worth up to 3 million manat ($1.7 million). The loan has a twelve-month grace period,” noted Jabbarov. By the creation of the platform, the opportunities for appealing by entrepreneurs will further be simplified, the minister added.