UzLiDeP’s projects serve to improve the lives of the population
22/10/2015 09:13
UzLiDeP’s projects serve to improve the lives of the population
22/10/2015 09:13
Tashkent, Uzbekistan (UzDaily.com) -- Small and private businesses in Uzbekistan played a key role in achieving the goals and objectives to join the ranks of democratic countries. For this purpose, Uzbekistan conducted several reforms, which create legal basis for creation and operation of small and private businesses and simplified their registration process.
In this regard, UzLiDeP via its project “Well-founded family” contributes to the development of the country by helping people to open and develop their own business, especially for people living in remote areas.
It should be noted that in 2012-2014 via project “Well-founded family” 1175 participants received 23 billion soums to open their business in Karakalpakstan and in other regions. As a result, more than 4 million new jobs were created. At present the commercial banks allocated more than10 billion soums to project participants, which led to the creation of more than a thousand jobs.
During the training seminars, participants receive the detailed information about how to open family business, how to effectively use the bank credit, registration documents and business plans from exports.
Sh.Sadikova participant of the project from Ishtikhansk district said that due to the project, she received 50 million soums of bank loan and opened a production of confectionery and bread products where10 boys and girls were employed.
Another project participant, the entrepreneur J. Khaydarov said that he presented his business project for procurement of raw materials and the production of furniture and received from the commercial bank 100 million credit soums to operate his business, where 10 young professionals work.
In general, UzLiDeP is conducting the large-scale work to explain the advantages of family business, to provide specific assistance to people in order to open their own business and help them to familiarize with best practices and innovations of others.
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