Uzbekistan approves collateral-free loans up to 5 billion soums for entrepreneurs

September 12, 2026 at 04:07 PM2 min

This digest was compiled by AI from multiple sources — links to the originals are below.

Uzbekistan adopted a presidential decree on September 11, 2026, enabling leading entrepreneurs to receive collateral-free loans of up to 5 billion soums. The decree also transfers authority over preferential credit resources to district and city headquarters. From October 1, 2026, self-employed individuals and small businesses will receive partial interest compensation on bank loans.

Key Facts

The decree was adopted on September 11, 2026, under the title “On measures to increase household incomes through creating sustainable jobs and rapidly developing small business.”
Leading entrepreneurs who involve families from the Social Register in cooperatives may receive collateral-free loans of up to 5 billion soums, calculated at 50 million soums per family.
From October 1, 2026, self-employed individuals and small and medium-sized businesses will receive partial compensation of interest expenses on commercial bank loans based on decisions of district and city headquarters.
The authority to manage preferential credit resources of family entrepreneurship and youth entrepreneurship programs is transferred to district and city headquarters.
The compensation mechanism will be implemented by the Entrepreneurship Development Company joint-stock company or other designated sources.

Decree Adoption

President of Uzbekistan signed a decree on September 11, 2026, titled “On measures to increase household incomes through creating sustainable jobs and rapidly developing small business.” The decree establishes regional headquarters led by the Chairman of the Council of Ministers of the Republic of Karakalpakstan, regional governors, and the mayor of Tashkent. District and city headquarters are formed under the leadership of district and city mayors.

Collateral-Free Loans

Based on decisions of district and city headquarters, leading entrepreneurs who involve families from the Social Register in cooperatives may receive collateral-free loans of up to 5 billion soums. The loan amount is calculated at 50 million soums for each family involved. The authority to manage preferential credit resources of family entrepreneurship and youth entrepreneurship programs is transferred to district and city headquarters.

Interest Compensation Mechanism

From October 1, 2026, self-employed individuals and small and medium-sized businesses will receive partial compensation of interest expenses on commercial bank loans based on decisions of district and city headquarters. The compensation will be provided by the Entrepreneurship Development Company joint-stock company or other designated sources. District and city headquarters will decide on compensation based on local conditions, project efficiency, and priority areas, and will be responsible for targeted and effective use of compensation. When providing compensation, the introduction of requirements such as credit history, entrepreneur category, stability rating, and other conditions is not allowed. Entrepreneurs retain the right to directly apply to the Company for compensation in accordance with the general procedure established by law. Double compensation of the same interest expenses for one financing is not allowed.