Terms and conditions
The terms for providing microcredits and microloans at Alfa Microfinance Organization have been developed taking into account the needs of various customer categories.
General Requirements for Borrowers
- Individuals: Adult citizens and residents of the Republic of Uzbekistan.
- Legal entities and individual entrepreneurs: Active business entities that meet the requirements of the selected product.
Document Requirements
- For individuals, only a passport is required to apply for a microloan.
- For individual entrepreneurs and legal entities, the list of required documents may vary depending on the product and the requested amount.
Collateral (Security)
- For some products, especially microloans for small amounts, collateral is not required.
- For larger amounts or long-term microcredits, collateral may be required. The collateral requirements are discussed individually with each client.
Important: The terms of microcredit financing (interest rate, repayment schedule) are individual and depend on the selected product, amount, term, and customer category. Our specialist will provide you with detailed information and help you choose the optimal solution.
Frequently Asked Questions
Who can apply for a microloan?
Who can apply for a microloan?
Microloans can be obtained by adult citizens and residents of the Republic of Uzbekistan. Separate terms apply to legal entities and individual entrepreneurs. You can уточнить the details with our specialist at +998 55 518 70 10.
Microloans can be obtained by adult citizens and residents of the Republic of Uzbekistan. Separate terms apply to legal entities and individual entrepreneurs. You can уточнить the details with our specialist at +998 55 518 70 10.
How long does it take to review an application?
How long does it take to review an application?
A preliminary decision is usually made shortly after submitting the application and providing the basic information. Microloan funds can be received on the day of application. The final decision is made after document verification.
A preliminary decision is usually made shortly after submitting the application and providing the basic information. Microloan funds can be received on the day of application. The final decision is made after document verification.
Is collateral required?
Is collateral required?
For some products, collateral is not required. For larger amounts or long-term loans, security may be required — this is discussed individually.
For some products, collateral is not required. For larger amounts or long-term loans, security may be required — this is discussed individually.
Can I repay the loan early?
Can I repay the loan early?
Yes, early repayment is available, and the terms are agreed upon in advance. You can уточнить the specific conditions with our specialist at +998 55 518 70 10.
Yes, early repayment is available, and the terms are agreed upon in advance. You can уточнить the specific conditions with our specialist at +998 55 518 70 10.
How is a microloan different from a regular loan?
How is a microloan different from a regular loan?
A microloan involves relatively smaller amounts and a simpler application process compared to traditional bank loans.
A microloan involves relatively smaller amounts and a simpler application process compared to traditional bank loans.
How will I make payments?
How will I make payments?
Payments can be made through bank transfers, terminals, and other available channels specified in the agreement.
Payments can be made through bank transfers, terminals, and other available channels specified in the agreement.
