In Uzbekistan, thousands of loans totaling almost 36 billion soums were issued to overcome poverty

In Uzbekistan, thousands of loans totaling almost 36 billion soums issued to exit poverty

As part of the "From Poverty to Prosperity" program, residents of Uzbekistan received over 2.3 thousand loans totaling 35.9 billion soums. These funds were directed toward the purchase of machinery and equipment that will allow people to start their own businesses, be self-employed, and independently develop small-scale production.

The largest share of loans went toward sewing machines — 925 units worth 13.2 billion soums. Another 419 loans worth 7.1 billion soums were allocated for the purchase of equipment sets for food production. In addition, residents purchased 496 laptops worth 5.6 billion soums and 272 motor vehicles worth 5.4 billion soums.

Another 4.5 billion soums were directed toward other types of equipment through 250 loans.

Among banks, Xalq Bank leads in terms of support volume — it issued 1.6 thousand loans worth 23.6 billion soums. Microcreditbank issued 569 loans worth 8.6 billion, and Agrobank issued 206 loans worth 3.6 billion.

By region, Jizzakh Region takes first place, where residents received 321 loans. It is followed by Tashkent Region with 307 loans and Syrdarya Region with 262 loans.

The regulator emphasizes that the program helps residents not only receive financial support, but also turn their own ideas into a source of constant income. Its main goal is to support small businesses and increase family incomes.