Loan Names

 

“First Step into Entrepreneurship” Loan

Parameter	Terms and Conditions
Purpose of the Loan	Financial support for business ideas of self-employed young people and recent graduates starting their own businesses.
Borrower	Self-employed young people and graduates under the age of 31.
Loan Amount	Up to UZS 20 million.
Interest Rate	Central Bank policy rate + 1%.
Loan Term	18 months.
Grace Period	6 months.
Source of Financing	Fund for Reconstruction and Development.
Collateral	An insurance policy covering the risk of loan default.
Special Conditions	No negative credit history. The borrower must be an individual aged 18 or older and no older than 30 at the time of application.
Disqualifying Factors	Negative credit history. Overdue loan obligations.

“Business Start” Loan

Parameter	Terms and Conditions
Purpose of the Loan	Financing entrepreneurial projects developed by graduates and young people who have the necessary business skills and wish to establish their own businesses.
Borrower	Graduates of higher education institutions operating as individual entrepreneurs, as well as other eligible young people. Legal entities whose founder or director is a higher education graduate or a young person.
Loan Amount	Up to UZS 300 million.
Interest Rate	Central Bank policy rate + 1%.
Loan Term	Up to 60 months for the purchase of fixed assets. Up to 36 months for working capital.
Grace Period	Up to 12 months for the purchase of fixed assets. Up to 6 months for working capital.
Source of Financing	Fund for Reconstruction and Development.
Collateral	For loans up to UZS 100 million — an insurance policy. For loans exceeding UZS 100 million — liquid collateral.
Special Conditions	Participation of eligible individual entrepreneurs, graduates establishing legal entities, and young people in the “Step into the Future” (“Kelajakka Qadam”) programme. No negative credit history. The graduate must have completed university no more than five years before the application. The young borrower must be an individual aged 18 or older and no older than 30 at the time of application.
Disqualifying Factors	Negative credit history. Overdue loan obligations.

“Business Progress” Loan

Parameter	Terms and Conditions
Purpose of the Loan	Financing entrepreneurial projects of students and young people who have already started their own businesses and wish to expand their operations.
Borrower	Graduates of higher education institutions operating as individual entrepreneurs, as well as other eligible young people. Legal entities whose founder or director is a higher education graduate or a young person.
Loan Amount	Up to UZS 2 billion.
Maximum Amount	Calculated without taking the client's existing loan obligations into account.
Interest Rate	Central Bank policy rate + 1%.
Loan Term	Up to 84 months for the purchase of fixed assets. Up to 36 months for working capital.
Grace Period	Up to 24 months for the purchase of fixed assets. Up to 6 months for working capital.
Source of Financing	Fund for Reconstruction and Development.
Collateral	Liquid collateral covering 125% of the loan amount.
Special Conditions	Participation of eligible individual entrepreneurs and graduates establishing legal entities in the “Step into the Future” (“Kelajakka Qadam”) programme. No negative credit history. Creation of at least two jobs. The graduate must have completed university no more than five years before the application. The young borrower must be an individual aged 18 or older and no older than 30 at the time of application.
Disqualifying Factors	Negative credit history. Overdue loan obligations.

“Student Investments” Loan

Parameter	Terms and Conditions
Purpose of the Loan	Financing production and service-sector business projects implemented by entrepreneurs who employ graduates of higher education institutions and young people under the age of 31.
Borrower	Business entities that employ graduates of higher education institutions or eligible young people.
Loan Amount	Up to UZS 10 billion.
Maximum Amount	Calculated without taking the client's existing loan obligations into account.
Interest Rate	Central Bank policy rate + 1%.
Loan Term	Up to 84 months for the purchase of fixed assets. Up to 36 months for working capital.
Grace Period	Up to 24 months for the purchase of fixed assets. Up to 6 months for working capital.
Source of Financing	Fund for Reconstruction and Development.
Collateral	Liquid collateral covering 125% of the loan amount.
Special Conditions	If the employment contract with a graduate or young employee hired under the preferential loan is terminated within two years, the interest rate changes to the commercial rate from the termination date. This does not apply if another graduate or young person is hired to replace the employee within one month. Availability of account turnover. The project initiator must contribute at least 30% of the project cost from their own funds.
Disqualifying Factors	Negative credit history. Overdue loan obligations.