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Finance 13/08/2011 Some 35 microcredit organizations operate in Uzbekistan
Some 35 microcredit organizations operate in Uzbekistan
Tashkent, Uzbekistan (UzDaily.com) -- As of 1 July 2011, there are 35 operating microcredit institutions in Uzbekistan in line with the Law “On microcredit institutions”.

According to the State Statistics Committee, the total volume of microcredit organizations’ assets reached 14.9 billion soums.

Microleasing services provided in the first half of 2011 amounted to 49 million soums, the committee added.

In January-June 2011, microcredit institutions of Uzbekistan rendered services on granting microcredits and microloans for 16.1 billion soums. Out of them microloans to individuals made up 14.1 billion soums (88% of the total volume) and to legal persons – 1.9 billion soums (12%).

The structure of microcredits by sectors of economy is characterized by the following data:

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