UnaFinancial and JSCB Microcreditbank launched Una Moliya, a digital credit service in Uzbekistan offering online lending services for small businesses without collateral. Una Moliya is being implemented as part of the state’s 2024-2026 Programme for Expanding Access to Microfinance Services. It supports the country’s financial inclusion agenda, increasing the reach of the official financial system. Una Moliya loans are available to small and micro businesses, self-employed individuals, and dehkan farms. Initial product offering includes instalment loans from UZS 3.5 million ($282.88) to UZS 65 million ($5,253). The repayment term ranges from four to 18 months. “Our goal was to make financing accessible for as many entrepreneurs as possible, including self-employed individuals in the most remote parts of the country,” said Almaz Torutayev, regional director for Central Asia at UnaFinancial. According to PwC, small and micro businesses in Uzbekistan face a financing gap exceeding $6 billion, with the shortage particularly acute in the farming and dehkan (smallholder) sectors. Una Moliya seeks to bridge this gap with digital solutions available online across the country. “The launch of Una Moliya is a contribution to building an inclusive economy. We support projects that combine technology, accessibility, and high financial standards. I’m confident that our joint initiative will serve as a strong foundation for small businesses,” said Ikram Jumaniazov, deputy chairman of the management board of Microcreditbank. Redisseminated by The Asian Banker
