BAKU, Azerbaijan, March 16. The
Azerbaijan Microfinance Association (AMFA) implements initiatives to
increase the entry of girls entrepreneurs to monetary sources,
Jala Hajiyeva, Executive Director of the affiliation, advised Trend.
According to her, at the moment, feminine entrepreneurs do
not face any issues whereas financing their companies.
“At the start of the 2000s, the notice stage of
Azerbaijan’s girls entrepreneurs about loans and monetary instruments
was solely 4 p.c, whereas as we speak this charge reaches 30 p.c,” she
mentioned.
Hajiyeva famous that almost all of the enterprise
initiatives (over 70 p.c) are in want of loans and exterior
funding if they’re carried out within the areas.
“We are engaged on offering monetary means to girls
entrepreneurs in eight financial zones of our nation. Over the previous
20 years, along with numerous worldwide and native
organizations, we now have carried out enterprise coaching for over 4,000
girls. Today’s statistics, if in contrast with the information of the final
ten years, suggests that girls are fascinated about working their very own
companies,” she mentioned.
The government director of the affiliation famous that
till 2014, there have been no instruments within the monetary sector of
Azerbaijan that might help feminine entrepreneurship.
“Our joint grant program for ladies entrepreneurs with
the EBRD [European Bank for Reconstruction and Development] was the
first on this subject; it promoted the event of girls’s
entrepreneurship and likewise expanded the implementation of comparable
initiatives by different organizations,” Hajiyeva mentioned.
One of the primary objectives of the strategic plan of the
Azerbaijan Microfinance Association (AMFA) for 2021-2023 is to
create a positive surroundings for AMFA members to rapidly deal with
altering market tendencies and serve prospects via the applying
of excessive moral and enterprise requirements.
Another objective of the affiliation is to help
institutional improvement and enhance the information base of AMFA
members via the introduction of latest instructional and professional
merchandise.
