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asia financial inclusion

#This Is My Story: Umirzoqov Utkirbek

15/08/2019 | Uzbekistan

My name is Umirzoqov Utkirbek. I am 38 years old and I live with my lovely family in the city of Andijan. In order to expand my business I needed additional working capital. Fortunately, JSCB Hamkorbank (Uzbekistani MFI) agreed to provide me with a loan for the purchase of polystyrene pipes and sanitary products and to replenish my working capital. Thanks to this loan, I was able to increase my sales scope in the market and make more profit.

As my business continued to grow, I was able to hire two additional employees. The loan I have received from Hamkorbank has helped me both in improving my business and my entire family’s financial condition. I am planning on opening a second office in the near future, something which I would not be able to do without the support from Hamkorbank.