Summary
This report provides analysis of the current condition of microfinance in Uzbekistan
and recommendations on key directions for further development of the microfinance sector.
Specific attention is paid to the development of non-government microfinance institutions.
The issues of normative legal framework for microfinance development in Uzbekistan
are also emphasized by this report, including the clarification of registration procedures for
microfinance institutions, the taxation regime, access to external financial sources, and so on.
This report also highlights issues related to the demand for microfinance services: the
main trends which will influence microfinance development in the nearest future, a
description of customer categories to ensure the client base of microfinance institutions, and
a quantitative assessment of demand for microfinance services.
This report includes recommendations for the further promotion of microfinance
development in Uzbekistan, in particular regarding the draft resolution of the Cabinet of
Ministers. The implementation of our set of elaborated recommendations would allow the
expansion of microfinance services and make microfinance one of the most effective tools
for solving socio-economic problems.
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Contents
Introduction
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Section 1. The Role, Significance and Specific Nature of Microfinance
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