Azerbaijan’s Mail Ready to Start Microlending in Regions

May 2015
Azerbaijan, May, 19 2015 - The Azerbaijan’s Ministry of Communications and High Technologies (RYTN) announced expansion of its credit practices.

According to Ali Abbasov, Azerbaijan Mail LLC (Az?rpoçt) plans to start microlending.

“First of all, such activities will be focused at villages and regions for development of small business”, - Abbasov said.

In his words, the State Information Technologies Development Fund under the Ministry is also ready to expand such activities.

“The Fund is preparing to start awarding education grants to the best university applicants”, - Abbasov said.

Source : ABC.AZ

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