Microfinance program

The implementation of the Microfinance Program, implemented by the Center, began in 2001 with the support of the Netherlands Organization for International Development - NOVIB.

And subsequently, NOVIB provided support in the organizational and institutional development of the SED "SABR" Center.

In November 2006, the microfinance program was registered as Daughter Enterprise “Microcredit Organization Sabr”. In 2016, DE "MCO Sabr" was transformed into LLC "MCO Sabr". After the issuance of a special resolution of the Central Bank of Uzbekistan, "Microcredit Organization SABR" was re-registered as Limited Liability Company "Microfinance Organization SABR".

Services offered by LLC "Microfinance Organization SABR":

* Issuance of microloans to the population of target districts:

Target group: economically active low-income strata of the population of rural regions of the Samarkand region: Urgut, Ishtykhan, Payaryk, Taylyak, Akdarya districts;
* conducting trainings on the fundamentals of a market economy, financial management in order to improve the primary business skills of clients;
* microfinance consulting services.
* benefits of microfinance services:

Group lending:
*convenience in filling out the documentation;
* convenience in choosing the timing and size of microfinance services;
* lack of collateral;
* issuance of microloans in various forms;
* social component.

Clients of LLC "MFO SABR" are:

* women 59.6%, men 40.4%
The average age of clients is 34 years.

 Microfinance program performance results:

Thanks to the simplified scheme of providing microfinance services, more and more rural residents are interested in becoming our clients.

The villagers involved in our program were able to save money, develop business, and improve the quality of food and life in general. Their satisfaction with the quality of life has increased, gender relations and roles have changed. Thanks to the increased income, clients participating in microfinance were able to purchase real estate, expensive household appliances, vehicles, building materials and other costs to improve their quality of life.

Significant changes have also taken place in business, which means business expansion, quality improvement and an increase in the range of goods. The well-being of families - recipients of loans is growing.