Uzbekistan to cut loan rates for family entrepreneurs in certain regions

This year, loans worth 140 trillion soums will be allocated to support small and medium-sized businesses. At the same time, the lending procedure will be revised, and the new system will take into account the capacity and conditions of each region. This was reported by podrobno.uz. reports .
President Shavkat Mirziyoyev announced this at a videoconference meeting dedicated to priority tasks for reducing poverty and ensuring employment in 2026. The head of state noted that banks currently offer the same terms for everyone, while entrepreneurs’ conditions differ sharply from one region to another.
As an example, the president compared opportunities in Olmazor and Bo‘zatov, noting that under the family entrepreneurship program both areas receive the same loans at a 17.5% rate. Going forward, loans in 37 “difficult” regions will be issued at 12% within the program.
Under the family entrepreneurship program, the maximum amount of a preferential loan has been increased by 1.5 times in all districts and set at 50 million soums. Loans of up to 100 million soums will be available for purchasing imported and certified pedigree livestock, and up to 150 million soums without collateral for setting up a guest house, small refrigeration units, or mini-technologies for storing and processing products.
For projects to be implemented in 562 mahallas in border and enclave areas, the credit limit will be raised to 1 billion soums. To finance these measures, an additional 2 trillion soums will be allocated on top of the 3.6 trillion soums planned for family businesses.
To deepen mahalla specialization, banks will allocate 17 trillion soums in loans this year. 4% of loans taken for growing products and 6% for processing projects will be compensated.
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