“Hamroh” Loan

No.

Lending Terms

1

Borrowers

Small and medium-sized business entities with a positive credit history* (where founders hold 50% or more of shares and/or are led by women).

2

Purpose of the Loan

To expand entrepreneurial activities

3

Loan Currency

National currency

4

Loan Term (depending on project repayment capability)

Up to 84 months

(Up to 24 months for working capital)

(Proportional to the period of allocated funds)

5

Grace Period for Principal Repayment (depending on project repayment capability)

Up to 24 months,

(Up to 6 months for working capital)

6

Maximum Loan Amount

Provided at least 2 jobs are created (also applicable to newly established business entities):

Up to 1,000 times the BHM (up to 50.0 mln UZS in cash).

For business entities operating at least 6 months and having increased account turnover in the last 6 months, with creation of at least 5 jobs:

Up to 4,000 times the BHM

(200.0 mln UZS in cash).

7

Annual Interest Rate

Central Bank rate + 6.5% (for working capital – Central Bank rate + 7.5%).

8

Main Requirements

Must have a positive credit history, including:
- No unpaid overdue debts;
- No more than 10 overdue debts exceeding 30 days;

- No more than 2 overdue debts exceeding 60 days;

- No overdue debts exceeding 90 days within the last 24 months;

- No principal or interest transferred to off-balance or court accounts;

- KATM score of 200 or more;

- No debts with the compulsory enforcement bureau;

- No debts in the 2nd registry (account 90963);

- Financial activity not ending in loss (based on F-2);

- Balance not illiquid (Coverage ratio, Liquidity ratio, Autonomy ratio, Own working capital availability ratio);

9

Non-financeable Areas

Gambling halls and billiard clubs, production and/or sale of alcohol and tobacco products;

Repayment of previously received loans (leasing) or other debts;

Purchase of any homemade equipment;

Other purposes prohibited by law.

10

Required Documents

Loan application;

Business plan or cash flow forecast;

Financial statements (Balance Sheet, Income Statement)

Copy of sales/purchase agreements for goods or services;

If the borrower or pledger is a legal entity, original documents confirming owners’ consent to take a loan and provide collateral;

Copies of documents granting the right to use office premises;

Loan collateral documents;

Additional documents may be required during loan application review.

11

Type of Collateral

a) For projects up to 100 mln UZS – loan provided without collateral;

b) For projects above 100 mln UZS – according to “Mikrokreditbank” regulations on forming loan files and document processing.

Guarantee of “Entrepreneurship Development Company” JSC.

12

Collateral Value

At least 125% of the loan amount

13

Borrower’s Repayment Capacity

Based on scoring requirements defined in “Mikrokreditbank” regulations on forming loan files and document processing.