11.08.2010

Specialists of the regional offices completed the training on group lending methodology
During 10-20 august 2010 – specialists of the regional offices of Mikrokreditbank in Nukus, Namangan and Karshi completed the training on group lending methodology.

03.06.2010

On the 31st of May 2010 meeting with the international consultant of UNDP took place in Microcreditbank
During the mission conducted within the framework of the ‘Support to the Development of Microfinance Sector’ project and aimed at improving the microfinance legislation in Uzbekistan the consultant became acquainted with microfinance services of Microcreditbank, as well as got useful recommendations

31.05.2010

Bank remote services are in a high demand
Microcreditbank renders wide range of interactive remote services for its clients.

MICROCREDITING

Microcrediting should be considered as one of major directions of overcoming poverty. It helps needy layers of population to create viable, profitable business, due to which:

• sufficiently increases income received by these layers, is provided as a minimum food safety, improved conditions for education of the children and satisfaction of some other first family needs;
• decreases level of their vulnerability in case of illness of a bread-winner, adverse weather conditions, lost of a part of property and other shock situations;
• increases employment of the citizens and at the expense of which unemployment is reduced;
• there appears a hope for a better life and as their business develops they feel ensured in their future;
• there is prevented transition of poor layers of population to a category of beggars with all heavy socio-economic, political and moral — psychologic consequences.