Local Bank Supports Women to Establish, Run Businesses
As a result of consistent work being carried out in Uzbekistan on raising the
status and comprehensively support women in society and protect their rights and
interests they are becoming more active in industries, business practices and
For example, the Ipoteka-bank Joint-Stock Credit Bank accomplishes an effective
work in this direction, according to the Uzbekistan National News Agency.
The fact that in 2008 the Bank allotted loans worth 104,5 billion Uzbek soums
for female entrepreneurs busied in small business confirms the aforesaid.
According to the press-service of the Ipoteka-bank, a special attention is now
being paid to financially support the female entrepreneurs. In line with the
Decree of President of May 25, 2004 “On additional measures to support the
activity of the Women’s Committee of Uzbekistan”, by now the credits were
allotted to about 9,000 female entrepreneurs nationwide.
With a view of creating new jobs the women who were going to run their business
have received the soft loans worth almost 13,5 billion. Those means have been
channeled to the spheres of production and industries, commerce and services
which the women are known to have been mostly busied at.
“In order to procure equipment and raw to produce the knitted goods we have
received soft loans worth 15 million Uzbek soums from the Yakkasaroy Office of
the Ipoteka-bank,” Sanobar Tursunova, the director of the Ohunbobo fayz Limited
Liability Company, said. “In 2008 we manufactured goods worth 14,8 million
soums. The bulk of the employees make up women.”
The Okhangaron Ismigul private enterprise which received loans worth 70 million
Uzbek soums from the Ipoteka-bank with a goal to better the servicing the
citizens has built a restaurant by employing more than 20 local people. The
private entrepreneur Munojat Umurova from Samarkand, thanks to loans worth 15
million soums that she had been able to receive, produces the cotton goods.
The number of female entrepreneurs who run their business thanks to loans
allotted by the Ipoteka-bank is ever on the rise. This promotes further growth
of prosperity of the Uzbek people and serves for creating more jobs. A vivid
example to this is the fact that in 2008 thanks to means of the Bank over 1000
jobseekers were employed.
Lola Bekmuratova for the Information Agency “Jahon” in English