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Craft Development Program

Loans allocated within the framework of the "Craftsmanship Development" program

Based on the decision of the President of the Republic of Uzbekistan No. PQ-77 of 30.12.2021

Loan disbursement conditions

Interest rate

18%

Loan period

From 18 to 36 months depending on the field of activity

Loan amount

up to 225.0 million soums

Supply form

Types of provision defined by law

Loan processing method

Online through the platform (oilakredit.uz)

Grace period

From 3 to 6 months depending on the field of activity

 

Loans are allocated through a single electronic online platform (oilakredit.uz) in a fully digitized manner:

1.       Loan applications are reviewed at all stages online (oilakredit.uz) based on scoring analysis, and information about the decision taken at each stage is provided through the platform (SMS-notification, e-mail or personal cabinet).

2.       Documents on the allocation of credit funds (application, recommendation of the assistant governor, loan agreement, purchase agreement, etc.) are created electronically and signed remotely.

3.       Loans are made on the basis of a contract signed by the borrower with an independently selected supplier using the "marketplace" system created on the platform.

Credit lines: 

  • To purchase equipment, spare parts and raw materials for the production needs of the members of the "Hunarmand" association.

  • Organizing development centers of craftsmanship , "master-apprentice" schools, construction of house-museums and workshops or purchase of buildings for these purposes.

  • To replenish working capital

Exchange Rates
  • At the exchange office
  • At an ATM
  • In the application
  • Transfers abroad
CurrencyPurchaseSaleRate of the Central Bank
USD126301271012671.84
EUR130001390013468.9
GBP152001620015778.98
JPY709081.98
CHF135001450013874.78
As of 17.04.2024 09:00:00
CurrencyPurchaseSaleRate of the Central Bank
USD125001271012671.84
EUR130001390013468.9
GBP152001620015778.98
JPY709081.98
CHF135001450013874.78
As of 17.04.2024 09:00:00
CurrencyPurchaseSaleRate of the Central Bank
USD126401271012671.84
EUR130001390013468.9
GBP152001620015778.98
JPY709081.98
CHF135001450013874.78
As of 17.04.2024 09:00:00
CurrencyPurchaseSaleRate of the Central Bank
USD126401271012671.84
As of 17.04.2024 09:00:00

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