Loan to entrepreneurs - SIF

Get closer to success with the joint support of the Entrepreneurship Development Foundation!

Required documents

Identity card, VOEN, land document of the project location, Charter (if legal entity), extract from the State Register (if legal entity).

Direction of use of the Fund's resources

On the soft loan mechanism

Preferential financing by the Fund for Entrepreneurship Development for the supply and processing of basic food products in the minimum consumer basket in 2022, in addition to the supply of raw materials to micro, small and medium entrepreneurs engaged in agricultural processing.

Concessional loans will be provided for the supply of raw materials: beef production, chicken production, milk production, egg production, rice production, powdered sugar production, sunflower oil production, margarine production, butter production, flour production, pasta production.

Concessional loans

To obtain a soft loan (as well as a loan for equipment) at the expense of the Fund, the business entity officially applies to the authorized credit organization. The authorized credit organization submits to the Fund the information and documents identified by the Fund on the projects evaluated positively. Depending on the results of the examination, the Fund shall officially inform the authorized credit institution of its decision to grant or refuse the appeals. If your project is positively evaluated, after completing all the documentation on lending with the business entity, the authorized credit organization sends an application to the Fund for the allocation of loan funds.

Entrepreneurship funds may be provided to business entities within the following limits and terms, provided that the annual interest rate is up to 5 percent:

  • from 5,000 to 50,000 manats - small loans (up to 3 years);
  • from AZN 50,001 to AZN 1,000,000 - medium-sized loans (up to 5 years);
  • from AZN 1,000,001 to AZN 10,000,000 - large loans (up to 10 years).

The grace period for the use of loans can cover the first half of the loan period. During the grace period, businesses pay only interest debts, and do not make any payments on principal.

Equipment loan

  • Entrepreneurs wishing to upgrade existing equipment or acquire new equipment by mortgaging equipment are provided with the following interest rates of up to 9% per annum:
  • from 5,000 to 3,000,000 manats (up to 5 years);
  • the grace period for loans for the purchase of equipment should not exceed 12 (twelve) months, taking into account the time required for the installation of equipment;
  • Equipment purchased as collateral for loans must be installed in favor of the authorized credit organization and included in the state register of encumbrances on real estate;
  • loans should be issued only for the purchase of new equipment;
  • the business entity must make an initial payment to the authorized credit organization in the amount of at least 20 percent (and 10 percent for equipment of local production) determined as a result of the assessment of equipment.

Guaranteed loans

State-guaranteed loans must meet the following requirements:

  • The loan amount for each business entity should not exceed 3,000,000 (three million) manats;
  • the annual interest rate of the loan should not exceed 15% (up to 50% is subsidized by the state);
  • Loan term should not exceed 3 (three) years;
  • loan grace period should not exceed 12 (twelve) months;
  • The loan-to-loan ratio should not exceed 60%.

An entrepreneur wishing to obtain a state-guaranteed loan enters the necessary information into the Electronic Credit Platform (, selects the authorized credit organization and approves the application by specifying the loan amount in accordance with the investment project. If the application of a business entity whose area of ​​activity is affected by the pandemic is rejected, the entrepreneur has the right to re-apply through this or another authorized bank, after eliminating the shortcomings identified as the reason.

Target audience

Individual entrepreneurs and legal entities  



Payment form




Interest rate



Loan amount and loan, grace period

From 5,000 to 50,000 manats

36 months (grace period - 18 months)

From 50,001 manats to 1,000,000 manats

60 months (grace period - 30 months)

From 1,000,001 to 10,000,000 manats  

120 months (grace period - 60 months)

Other loans

Micro Credit
  • Period3-36 months
  • Interest rate5%
Contract Financing
  • Period6 months
  • Interest rate14%