For the development of agriculture

 1

Recipients of the loan

Legal entities that are business entities, as well as individual entrepreneurs, agricultural enterprises operating without forming a legal entity

2

Purpose of the loan

Organization of greenhouses, development of agriculture, animal husbandry, poultry farming, fishing, beekeeping and horticulture

3

Currency of the loan

In national and foreign currency (US dollars, Euros)

4

Loan term

Up to 60 months

5

Grace period for repayment of the principal debt

, taking into account project performance indicators and seasonality

6

High level of credit risk

Based on the project cost

7

Minimum loan amount

of 10 million. soums

8

Annual interest rate (minimum rate)

In the national currency:

-              up to 12 months – 25 percent;

-              from 12 months to 24 months-26 percent;

-              from 24 months to 36 months-27 percent;

-              from 36 months to 60 months-28 percent.

14 percent in US dollars

13 percent in euros

9

Documents submitted

- application for loan application;

- business plan;

- a copy of the license or conclusion of the relevant organizations in cases where this is required for carrying out activities;

- a copy of the purchase and sale agreement concluded for goods and products (services);

- original documents confirming the owners ' consent to receive the loan and provide it as collateral, if the borrower or the mortgagee is a legal entity;

- a copy of the documents giving the right to use the complex of activities;

- loan security documents;

- additional documents may be required when studying the loan application.

10

Procedure for payment of principal and interest

, taking into account project performance indicators and seasonality

Annuity or differential

11

Sources of financing

Bank's own funds and attracted credit lines

12

Cost of collateral

At least 125% of the loan amount

Type of collateral

Based on the requirements of the regulations for the formation and execution of credit file documents in of JSCBthe Microkreditbank JSCB system

The share of property collateral in the total security accepted by the bank should not be less than 75% of the loan value, if the borrower working in the poultry sector meets the following requirements:

- have a positive credit history (the number of overdue debts for more than 60 days can not exceed 2);

- Do not review the terms of loans received in the system of JSCB "Mikrokreditbank";

- have a constant cash flow through the account;

- engage in poultry farming for at least a year.

13

Borrower

's solvency Based on the scoring requirements established by the regulations for the formation and execution of credit files in the system of JSCB "Mikrokreditbank"

14

Special conditions

When creating new jobs in the current year in accordance with the established procedure and hiring employees, the current loan interest rate is reduced by the following amount (my.mehnat.uz salary handbook and bank cards):

- From 5 to 10 jobs-1 percent;

- From 10 to 20 jobs-1.5 percent;

- 20 or more jobs-2 percent.