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A meeting was held with entrepreneurs who are members of "Marsol Group". 07.03.2024 / Meetings

Entrepreneurs who are members of "Marsol Group" were informed about the mechanism of "support for entrepreneurs operating in territories freed from occupation".

A meeting was held on the mechanism of "support for entrepreneurs operating in territories freed from occupation" under the joint organization of Entrepreneurship Development Fund (EDF) and "Marsol Group". At the meeting, the business representatives who are members of "Marsol Group" were informed that the business loans obtained from banks and non-bank credit organizations for the projects to be implemented in the territories freed from occupation are given state guarantees and the interest rates are subsidized. It was reported that up to 90% of business loans with an amount of up to 5 million manats, a term of up to 7 years, and an annual interest rate of up to 15% are provided with a state guarantee. In addition, it was brought to attention that 10% of the annual interest rate of those loans is subsidized by the state for up to 36 months, and a grace period of up to 36 months is applied, not more than half of the loan period.

Within the framework of the event, the "Electronic credit and guarantee" information system was presented, and the process of applying to the mechanism was explained. Questions of interest to entrepreneurs were also answered.