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Finance 18/03/2020 Size of microcredit and microloan increased in Uzbekistan
Size of microcredit and microloan increased in Uzbekistan

Tashkent, Uzbekistan (UzDaily.com) – According to amendments to the Law on the Microfinance Law, the microcredit borrower is provided with a microloan in an amount not exceeding 300 million soums.

Previously, funds were provided in an amount not exceeding 1000 times the size of the cash register (223 million soums).

It is also determined that individuals will be given microloans in an amount not exceeding 50 million soums.

Previously, they were provided in an amount not exceeding 100 sizes of cargo shipments (22 million 300 thousand soums).

The law comes into force on the day of its official publication.

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