Microloan “Biznesga birinchi qadam-1”

No.

Parameters

Key Terms and Conditions

1

Microloan Purpose

Non-purpose loan

2

Interest Rate

26% per annum

3

Microloan Amount

From UZS 8.0 million up to a maximum of UZS 15.0 million

4

Microloan Term

From 3 to 36 months (no grace period)

5

Microloan Security

Third-party surety (the guarantor shall have a steady source of income) or a Non-Payment Insurance Policy (insurance premium to be paid by the client)

6

Disbursement Method

Transfer of funds to bank cards issued by JSC “Aloqabank”

8

Repayment Method

Differential payment

9

Eligible Borrowers

Citizens of the Republic of Uzbekistan permanently residing in Uzbekistan, aged between 18 and 65, registered as self-employed, who paid the social tax, and reside in the “mahallas” assigned to Aloqabank

10

Additional Conditions

For assigned mahallas, a preliminary on-site project review is conducted in coordination with the “Mahalla Banker” and “Mahalla Agent”; based on the review results, a formal certificate (act) is executed in the prescribed standard form.

For mahallas not assigned to JSC “Aloqabank”, the preliminary project review is conducted and the formal certificate (act) is executed by the following employees:

For loans disbursed by a Regional CSC — by an employee of the Retail and Corporate Business Monitoring Section;

For loans disbursed by a CSC — by the Director of the respective CSC.