Microfinance in Uzbekistan: challenges and opportunities

Research areas: Economic Transformation

Duration: November 2011 - March 2012

Microfinance in Uzbekistan: challenges and opportunities

With microfinance being such an essential tool in mitigating the instability of the post-crisis global economy, it is vital to improve access to microcredit. International experience demonstrates that the most powerful mechanism for reducing interest rates in microfinance is to create a competitive environment.

Despite this comprehensive legal framework, the microfinance sector has not yet realised its potential.

Expert's dicussion on the blog (in Russian):

Microfinance market: Are the services available?

Useful links
One_pager: Microfinance in Uzbekistan: challenges and opportunities_2012_Eng
One_pager: Microfinance in Uzbekistan: challenges and opportunities_2012_Rus