Demand for micro loans has increased

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26.11.2013

Demand for micro loans has increased

    The total volume of credit in the credit institutions of the country on October of the current year has continued the growth trend and has made TJS 7,290 million, that in comparison with similar period of last year is more on 42,0%. In the structure of loan balance 63,2% are short-term loans and 36,8% are long-term loans.
    The interest of long-term loans always increases. The weighted average interest for January-October of the current year by national currency has made 24,0%, in foreign currency 23,25% annual.
     For ten months of the current year demand for micro loans has increased, the volume of credit has reached to TJS 3’824,0 million, that in comparison with the similar period of last year is more on 50,2% or TJS 1‘277,0 million. Including, micro-loans which are issued to the remote mountain regions on TJS 741,9 million, and its growth in comparison with the similar period of last year has made 41,5% or TJS 217,7 million.

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NBT

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