Yelo Bank introduces a new microcredit product to support women entrepreneurs' business activities and facilitate their access to financial resources. This initiative aims to increase women's economic activity, develop small and medium-sized entrepreneurship, and strengthen their role in the country's economy.
Within the framework of the new product, women entrepreneurs will be able to benefit from more favorable conditions to expand their businesses, invest in new projects, and finance their daily operations:
• Loan amount: 500 – 100,000 AZN
• Term: 3 – 48 months
• Annual interest rate: minimum 8%
• Grace period: up to 12 months
Today, more than 338,000 women entrepreneurs are active in Azerbaijan, and their number is increasing every year. In the last year alone, the number of women entrepreneurs has increased by more than 21,000 – indicating that women are playing a more active role in business and writing new success stories.
Supporting women's entrepreneurial activities is important not only economically but also socially. Because every new woman entrepreneur means both a new idea and a new opportunity for development. Yelo Bank stands by women entrepreneurs to realize these opportunities. More details: https://bit.ly/4LqL1N.
Do you want to get detailed information about banking services, as well as microcredit? Then call 981 or visit our Facebook, Instagram, Whatsapp, and yelo.az accounts.
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