22.07.2011

The system “SMS-Banking” is enriched with new opportunities
Microcreditbank renders wide range of interactive remote services for its clients.

31.12.2010

Social effectiveness of Microcreditbank is high!
«MicroFinanza Rating» company of Italy certified by World Bank and SGAP specialized on estimation of microfinance institutions fulfilled social rating of activity of Microcreditbank.

15.09.2010

Mikrokreditbank extends credits worth 143.8bn soums to entrepreneurs
Mikrokreditbank open joint-stock commercial bank actively renders microcredit services to entrepreneurs to start business or widen business activity.

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.

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.