The first lending company from Uzbekistan launches on Mintos

Mikro Kapital Group launches a new country on Mintos and offers you to invest in car loans issued in Uzbekistan.

Uzbekistan is Mikro Kapital’s fifth country on Mintos, together with Russia, Moldova, Romania, and Belarus. In Uzbekistan, Mikro Kapital operates as Mikro Leasing FE LLC. The company launched its operations in Uzbekistan in 2019. Over the two years of work in Uzbekistan, roughly 1 000 leasing transactions have been executed, and the company’s portfolio value has reached €9.8 million. The company offers car loans and special equipment loans for SMEs with a minimum 20% down payment of the car value, with the average amount of a single loan being €9 759.

At the moment, Mikro Kapital Uzbekistan operates in the six most populated regions of Uzbekistan. The company plans to expand currently underserved regions. Mikro Kapital Uzbekistan aims to offer the residents of Uzbekistan the most affordable and convenient financing opportunity.

Mikro Kapital Uzbekistan car loans on Mintos

Annual interest rates

Up to 11%

Average loan amount

€9 759

Average loan term

23 months

Skin in the game


Mintos Risk Score


Buyback obligation


Group’s guarantee



The investment opportunity for Mikro Kapital Uzbekistan loans is evaluated to have a Mintos Risk Score of 7, with the subscores of 8 for loan portfolio performance, 6 for loan servicer efficiency, 7 for buyback strength, and 6 for cooperation structure.

To receive a loan from Mikro Kapital Uzbekistan, borrowers have to undergo a credit scoring process by the lending company’s credit committee that assesses each potential or repeating borrower separately. That way, the company significantly lowers the potential risk of the borrowers defaulting.

Ravshan Soliyev, Director of Mikro Kapital Uzbekistan: “We strive for global automation of our business processes and use innovative solutions in our business models, so cooperation with Mintos is fully consistent with our vision of financing the future. Our system of marketing, customer selection, as well as a low percentage of delays is our pillar that investors can rely on. In 2020, only 0.7% of our customers were late with their payment for more than 30 days. This is due to the well-functioning of the company’s employees who always carefully approach the research of leasing recipients, which allows us to minimize risks significantly.”

To obtain exposure to Mikro Kapital Uzbekistan loans, investors will be able to invest in loans issued by Mintos Finance to Mikro Kapital Uzbekistan, where repayments depend on the borrower’s payments. Each loan issued by Mintos Finance to Mikro Kapital Uzbekistan will be pegged to a respective loan issued by Mikro Kapital Uzbekistan to the final borrower.

About Mikro Kapital

Mikro Kapital was established in 1999 under the FINCA brand and later in 2017 shares of the company were fully obtained by Mikro Kapital Group. The aim of the company is to provide financial flows for micro-entrepreneurs as well as small and medium enterprises (SMEs). Mikro Kapital Group, founded in 2008, is a global holding company that unites financial institutions in Italy, Switzerland, Luxemburg, Armenia, Russia, Belarus, Romania, Moldova, Tajikistan, and other countries.

The current outstanding investments of Mikro Kapital on Mintos is €14.7 million. There are 81 697 investors with active investments in Mikro Kapital loans with an average investment of €180 per investor.

How to invest in Mikro Kapital Uzbekistan car loans

Mikro Kapital Uzbekistan car loans will be added to the Diversified and High Yield strategy. If you want to invest in these loans with a custom automated strategy, make sure to adjust your strategy settings. If you’re investing manually, you can filter the loans on the Primary Market.

View our recent market overview of Uzbekistan to learn more about the country’s economy.


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