The rating of microcredit organization at uzB+ level means enough level of trust to its activities and solvency with satisfied financial figures of its activities. Currently, the microcredit organization with the uzB+level can timely and fully execute its financial liabilities before creditors and investors. But, the reliability and solvency of the organization is more sensitive to changes in commercial, financial and economic conditions compared to other microcredit organizations with higher rating.

The rating also reflects acceptable level of business activity of the microcredit organization in market, stable improvement of financial figures, adequate capitalization, balanced liquid position and support of the founders. The rating takes into account risks, related with expected growth of assets and geographic concentration of business of MKO Tadbirkor Invest. It also reflects significant industrial and clientele concentration of the business and related risks.

MKO Tadbirkor Invest has been working at microfinance services market since October 2007 and recommended itself as fast developing microcredit organization. MKO Tadbirkor Invest was registered on 19 March 2017 and re-registered on 10 September 2007. It received license of the Central Bank for microcredit organization on 25 October 2007. It has been working in Karakalpakstan.

The microcredit organization was founded by Karakalpak branch of the Association of businesswomen of Uzbekistan “Tadbirkor Ayol”. Its charter capital rose twice to 300 million soums in 2012.

According to the reports of the organization, MKO Tadbirkor Invest issued loans for 2 billion soums in 2012 (on 3,339 agreements) against 2.05 billion soums in 2011. Major part of loan agreements was closed and only 934 agreements are in force.

Loan portfolio of MKO Tadbirkor Invest was at 368.4 million soums in 2012. Currently, MKO Tadbirkor Invest issues loans only with use of its own resources. Ahbor-Reyting rated quality and security of MKO Tadbirkor Invest as favourable. Despite positive assessment of quality of loan portfolio, Ahbor-Reyting noted that the organization had expired loans in its portfolio. Reserves of the organization on possible bad loans rose twice year-on-year to 2.51% (0.66% in 2011) of all loans of the microcredit organization.

It is worth to mention that all expenses and income of MKO Tadbirkor Invest rose by 51.27% and 10.87% respectively. Net income of MKO Tadbirkor Invest fell by 85.21% to 15.9 million soums in 2012.

Ahbor-Reyting said that the decrease of net income and growth of assets and capital negatively impacted profitability figures of MKO Tadbirkor Invest.