Microcredits

Micro-credit

 

For small businesses, individual entrepreneurs:

The loan amount is up to 245.0 million soums

The loan term is up to 3 years (the grace period for the main debt is 3 months)

Bid – Base Bid* + 6.0%

 

Purpose of the loan:

  • For production
  • For the purchase of buildings and structures
  • To buy equipment and inventory.

 

Securing a loan:

Security deposit

  • Sale of movable and immovable property
  • Third-party guarantee
  • Insurance policy
  • Other types of security under the law.

Documents to be submitted:

  • Statement
  • Business plan
  • Financial statements
  • Constituent documents
  • Decision on the consent of the founders to receive a loan and provide security
  • Other necessary documents.

Delivery documentation:

If there is a deposit:

  • Property Valuation Report
  • Cadastral documents, technical passport and / or technical supervision
  • Minutes of the founders ' meeting on the consent to the provision of collateral

 

If a third-party act as a guarantor:

  • The balance sheet of the guarantor company and its appendices
  • Auditor's Report
  • Minutes of the founders ' meeting on the consent to issue a pledge
  • Foundation documents (certificate, charter, foundation agreement)

For insurance purposes:

  • Insurance contract and policy

* The base rate is set monthly by the Alokabank's Liquidity management Committee. Base rate for January 2021 = 19.5%

01-01-2016

When using the site materials reference to the site is required www.aloqabank.uz