UnaFinancial and JSCB Microcreditbank launch a Digital Credit Service Una Moliya in Uzbekistan

Una Moliya is being implemented as part of the state’s 2024-2026 Program 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 Installment Loans from UZS 3.5 million to 65 million. The repayment term ranges from 4 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.

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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.

UnaFinancial is a Singapore-based group of companies developing easy-to-use digital financial solutions across Asia and Europe. The group aims to provide simple and reliable access to finance through innovative technologies, focusing on what customers truly need. Since its foundation, UnaFinancial has served more than 20 M clients, granting access to loans worth over USD 2 billion.

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JSCB Microcreditbank (MKBANK) is a state-owned financial institution with a robust financial foundation. MKBANK is dedicated to fostering financial inclusion, supporting small businesses and entrepreneurs, and promoting economic development, particularly in rural areas. Through its diverse portfolio of financial products and services, MKBANK empowers communities and contributes to a thriving Uzbek economy.