Uzbekistan’s microloan market grew 2.3 times in a year

Uzbekistan’s microloan market grew 2.3 times year-on-year, reported Kursiv.media.
According to the Central Bank, the volume of microloans issued in Uzbekistan from January to March 2025 exceeded 18.7 trillion UZS. This marks a 2.3-fold increase compared to the same period last year.

The microcredit market also expanded, growing from 2.9 trillion to 5.4 trillion UZS.

By early April, total loans issued to the public reached 34.9 trillion UZS — a 74% annual increase.

As of July 3, the average interest rate on microloans was 34.9%.

In spring 2025, the regulator introduced a cap on the maximum overpayment for personal microloans. The daily limit was reduced to 0.25% (down from 0.3%), and the total annual overpayment must not exceed 50% of the principal loan amount.