Project “Small Business Financing Phase 5” In Cooperation the Asian Development Bank

Loan Terms

• Loan Purpose Financing activity of micro and small business entities
  Financing  of agriculture and farming
  Financing in green economy
• Credit Line Financing Purposes All types of entrepreneurial activities except:
  Financing of activities contrary to the legislation of the Republic of Uzbekistan or the loan policy of the bank;
  Use of Loan by third parties;
  To finance speculative activities;
  Activities prohibited by the Environmental Regulations of «Hamkorbank» ;
  
• Loan Amount No more than 4 bln. sums in national currency or in dollar equivalent.
• Annual Percentage Rate Based on loan agreement
  
• Loan Terms For working capital replenishment - up to 12 months
  For financing investment projects - up to 24 months .
  To replenish working capital for agricultural production - up to 24 months;
  
• Grace Period For working capital replenishment - up to 3 months;
  For financing investment projects - up to 6 months.
  
  
• One-time Comission Fee According to the loan line agreement - 0%
• Borrower's Share At least 25% of the project amount.
• Collateral All types of collateral specified in the bank’s loan policy.
  The collateral must be at least 125 per cent of the loan.