Invitation

INVITATION PAGE

Attention to international and local investors

According to presidential decree of the Republic of Uzbekistan on 03.05.2017 No.PD-5032, were created a free economic zone “Zamin-farm” in the Jizakh region.
By the Decree of the President of the Republic of Uzbekistan dated August 7, 2017 No. PP-3175 “On Measures to Strengthen Coordination and Enhance Responsibility of the Ministry, Agencies, and Local Government Bodies for the Effective Functioning of Free Economic Zones”, the Stock Commercial Bank “Microcreditbank” is responsible for the free economic zone "Zamin-farm".
In order to actively attract local and foreign investments in the development of pharmaceutical activities in the Republic, all the necessary conditions have been created, and taking into account the cultivation of rare herbal medicines in the Zamin area, the Stock Commercial Bank “Microcreditbank” is suggest to invest in this area, in the free economic zone "Zamin-farm".

Project for the production of knitted fabrics and sewing products
Total project amount:	1,23 million of US dollars
Own funds:	0,64 million of US dollars
Loan (credit):	0,60 million of US dollars
Purpose:	The aim of the project is to expand the production of knitted fabric and sewing products
Project payback period:	4 years
Created jobs:	75 work places

Information on the credit line of the International Fund for Agricultural Development (IFAD) Microcreditbank

I. Information on credit lines of international financial institutions (IFI)
Date and number of the Agreement	19.04.2017№2000000714
Date and number of the Government Decree on the basis of which the Agreement was signed	22.02.2017 №PD-2795
Government guarantee	Government guarantees
Loan Agreement Amount	3,300,000 USD (2,349,590 SDR)
MFI interestrate	In US dollars 1.90%
Last date of the credit line	2017-2037 years
Credit Line Industry	The development of the value chain in the dairy sector of Uzbekistan
Purpose of using credit line	Issuance of loans for dairy sector development projects

II. Information on foreign lines of credit and on grants to private entrepreneurship and small business
The minimum and maximum amount for each loan financed	- dekhkan farms for the purchase of high productive breeding cattle and equipment (portable milking machines, grain mills, other equipment for the production of feed, etc.) up to 10,000 US dollars; - to farmers, for the purchase of fodder harvesting equipment (combines and other equipment for collecting and processing feed), specialized transport for the transportation of milk and dairy products, cooling tanks, milking equipment, improved cattle breeds, etc. up to US $ 100,000; -suppliers of means of production and services for the creation / modernization of veterinary and zootechnical services as well as the preparation of feed and fodder (for one-thumb-borrower) for veterinary medicine — up to US $ 10,000 and up to US $ 100,000 for the production of feed and other means) - processors of dairy products for the purchase and modernization of technological equipment, packaging lines of dairy products of refrigeration chambers, working capital replenishment, etc. (persub-borrowerupto $ 250,000)
Annual interest rate paid by the client to the bank for the allocated loan	In USD 2.65% + bank margin
Grace period for the project	For short-term loans up to 6 months For long-term loans up to 1 years
Share of participation in the project of subjects of private entrepreneurship and small business	At least 20% of the project amount

Information about the existing credit line of China Eximbank for financing investment projects
Creditor	Eximbank of China through the National Bank of Foreign Economic Activity of the Republic of Uzbekistan
Field of credit line utilization	Development of small and private entrepreneurship
Purpose of using credit line	At least 50% of the Sub-loan amount for project financing should be directed to the purchase of equipment, technologies, etc. from the People's Republic of China
Total amount of credit line	10 000 000,0 $
Maximum loan term on this line	Up to 5 years
Grace period for the project	Up to 24 months
Annual interest rate paid by the client to the bank for the allocated loan	6 months. Libor + 3.5% (foreign bank and NBU margin) + Microcreditbank margin (4-5%)
Commission for management	1.0% of the loan amount (one-time payment)
Commitmentfee	0.3% of the amount of the loan balance. This commission will be paid on the day interest is paid.
Frequencyofpayments	Semi-annualpayments
Prepaymentfee	2% ofthepaymentamount
Loanrepayment	Credit funds are repaid in foreign currency or in national currency by converting