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Finance 09/03/2024 Loans are provided at a rate of 14 percent for the development of family entrepreneurship
Loans are provided at a rate of 14 percent for the development of family entrepreneurship

Tashkent, Uzbekistan (UzDaily.com) -- Within the framework of family business development programs, the provision of preferential loans at a rate of 14 percent per annum is provided:

to the population and business entities who have expressed a desire to engage in family business, certain work activities aimed at generating income, and expand the type of activity - for a period of up to 3 years, including a grace period of 3 to 6 months;

for livestock farming, fish farming, rabbit farming, beekeeping, turkey farming and poultry farming, vermicompost production, construction of “field stores”, as well as installation of mobile refrigerators - for a period of 3 years, including a grace period of up to 1 year;

for the organization of gardening, viticulture and lemon growing, construction of greenhouses, purchase of agricultural machinery and equipment, drilling of artesian wells - for a period of up to 7 years, including a grace period of up to 3 years;

for the organization and repair of family guest houses, hostels, yurt camp complexes, car camping sites, eco-lodge complexes, container towns and camping camps - for a period of up to 5 years with a grace period of up to 1 year;

members of the Hunarmand Association - for the purchase of equipment, spare parts and raw materials - for a period of up to 3 years and for replenishment of working capital - for a period of up to 18 months;

for the purchase of equipment, spare parts and raw materials for the production needs of leather goods, finished leather clothing, footwear, sports equipment, as well as fittings, accessories and fur products - for a period of 5 years, including a grace period of up to 1 year.

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