Mikrokreditbank to Render Microfinance Services for 100bn Soums
OREANDA-NEWS. August 06, 2010. Mikrokreditbank open joint-stock commercial bank is planning to render preferential microfinance services worth a total of 100 billion soums to small businesses and private entrepreneurs in 2010.
Currently, the bank is working actively in this direction. Thus, jointly with local administrations the bank has prepared schedules of issuing microcredits for constructions in the services sphere. In line with the plans, the bank will extend 13 billion soums of preferential microfinancing.
It should be noted that Mikrokreditbank has issued preferential credits for 8.2 billion soums to the business entities in the services sphere during January-June 2010.
Moreover, in order to provide further material support to low-income groups of the population, the bank gave preferential credits worth 2.5 billion soums for the purchase of cattle. Additional income source for 1,669 families was created as a result.
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