Business loan at MKBank – for construction and repair

Currency	Purchase	Sale	CBU
USD	12020	12110	12078.47
EUR	13700	14300	14234.48
RUB		155	155.23
GBP	15500	16500	16334.92
CHF	14700	15700	15345.53
JPY	70	100	77.5

P/n	Lending terms
1	Loan recipients	Individual entrepreneurs, dekhkan farms and legal entities that are business entities
2	Purpose of the loan	Carrying out construction and repair work and replenishing working capital
3	Loan currency	In national currency
4	Credit term	up to 36 months
5	Grace period for principal repayment	Taking into account the effectiveness of the project, but not more than 18 months
6	High level of credit risk	Based on the cost of the project
7	Minimum loan amount	50 million soums
8	Annual interest rate (minimum rate)	up to 12 months – 25 percent ; from 12 months to 24 months – 2 6 percent; from 24 months to 36 months – 2 7 percent.
9	Documents provided	- credit application; - business plan; - a copy of the purchase and sale agreement concluded for goods and products (services); - original documents confirming the consent of the owners to receive a loan and provide it as collateral, if the borrower or mortgagee is a legal entity; - Positive conclusion of the state environmental assessment on the impact of the project on the environment in cases provided for by the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan dated September 7, 2020 No. 541 “On further improvement of the mechanism for assessing environmental impact” (if necessary); - estimate, expert opinion and a copy of an extract from the supervisory inspection in the field of construction on the registration of the object; - documents to secure the loan; - when studying a loan application, additional documents may be required.
10	The borrower's own share of the project	Not less than 30%
eleven	Procedure for payment of principal and interest	Annuity or differential
12	Sources of financing	Bank's own funds and attracted deposits
13	Security cost	At least 125% of the loan amount
14	Security type	Based on the requirements of the regulations for the formation and execution of credit case documents in the system of JSCB "Microcreditbank"
15	Borrower's solvency	Based on the scoring requirements established by the regulations for the formation and execution of credit cases in the Microcreditbank JSCB system

P/n

Lending terms

Loan recipients

Individual entrepreneurs, dekhkan farms and legal entities that are business entities

Purpose of the loan

Carrying out construction and repair work and replenishing working capital

Loan currency

In national currency

Credit term

up to 36 months

Grace period for principal repayment

Taking into account the effectiveness of the project, but not more than 18 months

High level of credit risk

Based on the cost of the project

Minimum loan amount

50 million soums

Annual interest rate (minimum rate)

up to 12 months – 25 percent ;

from 12 months to 24 months – 2 6 percent;

from 24 months to 36 months – 2 7 percent.

Documents provided

- credit application;

- business plan;

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

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

- Positive conclusion of the state environmental assessment on the impact of the project on the environment in cases provided for by the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan dated September 7, 2020 No. 541 “On further improvement of the mechanism for assessing environmental impact” (if necessary);

- estimate, expert opinion and a copy of an extract from the supervisory inspection in the field of construction on the registration of the object;

- documents to secure the loan;

- when studying a loan application, additional documents may be required.

The borrower's own share of the project

Not less than 30%

eleven

Procedure for payment of principal and interest

Annuity or differential

Sources of financing

Bank's own funds and attracted deposits

Security cost

At least 125% of the loan amount