| _version_ | 1866901882280083456 |
|---|---|
| author | Isakov Janabay Yakipbaevich |
| author_facet | Isakov Janabay Yakipbaevich |
| contents | <p>Family entrepreneurship plays an important role in Uzbekistan’s socio-economic development by contributing<br>to employment creation, poverty reduction, and regional economic stability. Family-owned micro and small enterprises<br>operate in sectors such as agriculture, handicrafts, trade, services, and small-scale manufacturing, providing income<br>opportunities and supporting local economic activity. Despite government programs and preferential lending initiatives<br>aimed at supporting entrepreneurship, limited access to affordable financial resources remains a major constraint for the<br>sustainable development of family businesses.<br>Several structural barriers restrict access to bank financing, including insufficient collateral, limited financial literacy, weak<br>accounting transparency, and relatively high interest rates. In addition, rural enterprises face geographic and informational<br>challenges that reduce their access to formal financial services. Although the overall volume of loans to small businesses<br>has increased, the share of long-term investment financing remains limited, and lending practices in the banking sector<br>still rely heavily on collateral-based assessment.<br>To improve access to bank credit, it is necessary to expand credit guarantee mechanisms, introduce risk-based lending<br>models, support concessional financing programs, promote digital financial services, and strengthen the financial<br>capacity of entrepreneurs. Improving financial inclusion and developing more flexible lending mechanisms will allow<br>family entrepreneurship to realize its full potential as an important driver of sustainable economic growth in Uzbekistan</p> |
| format | Recurso digital |
| id | zenodo_https___doi_org_10_5281_zenodo_18985620 |
| institution | Zenodo |
| language | |
| publishDate | 2026 |
| publisher | Zenodo |
| record_format | zenodo |
| spellingShingle | EXPANDING BANK CREDIT OPPORTUNITIES FOR FAMILY-OWNED ENTERPRISES IN UZBEKISTAN Isakov Janabay Yakipbaevich <p>Family entrepreneurship plays an important role in Uzbekistan’s socio-economic development by contributing<br>to employment creation, poverty reduction, and regional economic stability. Family-owned micro and small enterprises<br>operate in sectors such as agriculture, handicrafts, trade, services, and small-scale manufacturing, providing income<br>opportunities and supporting local economic activity. Despite government programs and preferential lending initiatives<br>aimed at supporting entrepreneurship, limited access to affordable financial resources remains a major constraint for the<br>sustainable development of family businesses.<br>Several structural barriers restrict access to bank financing, including insufficient collateral, limited financial literacy, weak<br>accounting transparency, and relatively high interest rates. In addition, rural enterprises face geographic and informational<br>challenges that reduce their access to formal financial services. Although the overall volume of loans to small businesses<br>has increased, the share of long-term investment financing remains limited, and lending practices in the banking sector<br>still rely heavily on collateral-based assessment.<br>To improve access to bank credit, it is necessary to expand credit guarantee mechanisms, introduce risk-based lending<br>models, support concessional financing programs, promote digital financial services, and strengthen the financial<br>capacity of entrepreneurs. Improving financial inclusion and developing more flexible lending mechanisms will allow<br>family entrepreneurship to realize its full potential as an important driver of sustainable economic growth in Uzbekistan</p> |
| title | EXPANDING BANK CREDIT OPPORTUNITIES FOR FAMILY-OWNED ENTERPRISES IN UZBEKISTAN |
| url | https://doi.org/10.5281/zenodo.18985620 |