Microcredits

• Home
• Corporate clients
• Microcredits

Micro-credit

For small businesses, individual entrepreneurs:

The loan amount is up to 245.0 million soums

The loan term is up to 3 years (the grace period for the main debt is 3 months)

Bid – Base Bid* + 6.0%

Purpose of the loan:

• For production
• For the purchase of buildings and structures
• To buy equipment and inventory.

Securing a loan:

Security deposit

• Sale of movable and immovable property
• Third-party guarantee
• Insurance policy
• Other types of security under the law.

Documents to be submitted:

• Statement
• Business plan
• Financial statements
• Constituent documents
• Decision on the consent of the founders to receive a loan and provide security
• Other necessary documents.

Delivery documentation:

If there is a deposit:

• Property Valuation Report
• Cadastral documents, technical passport and / or technical supervision
• Minutes of the founders ' meeting on the consent to the provision of collateral

If a third-party act as a guarantor:

• The balance sheet of the guarantor company and its appendices
• Auditor's Report
• Minutes of the founders ' meeting on the consent to issue a pledge
• Foundation documents (certificate, charter, foundation agreement)

For insurance purposes:

• Insurance contract and policy

* The base rate is set monthly by the Alokabank's Liquidity management Committee. Base rate for January 2021 = 19.5%