Microloan “Yoshlar biznesi”

Microloan “Yoshlar biznesi”

Loan purpose

-   For engaging in modern professions, including social media marketing, mobile photography and videography (mobilography), freelancing, and establishing online stores;

-   For purchasing the goods and other items necessary to start a business, based on the type of activity of individuals registered as self-employed;

-   For projects involving home-based production, textile manufacturing, tailoring, secondary processing and/or sale of products, as well as the production of new products from recycled materials;

Not more than UZS 50 million

-   For establishing and operating bakery and confectionery production and sales projects.

Not more than UZS 100 million

Loan term and grace period

For a term not exceeding 7 years

Grace period: for principal – up to 1 years, for interest payments – up to 3 months.

Loan interest

Central Bank policy rate + 4% (18%)

Loan amount and granting form

Not more than UZS 100 million

By transfer of money to bank cards opened with “Aloqabank” JSC

Loan security

Third-party guarantee or an insurance policy covering the risk of loan default (the insurance premium shall be paid by the borrower).

Who gets the loan

Self-employed citizens of the Republic of Uzbekistan, permanently residing in Uzbekistan, who have reached 18 but are under 31, and who pay social tax