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Microfinance in Uzbekistan : market overview and impact assessment needs

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  • Nargiza Maksudova

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    (CERGE-EI)

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    Abstract

    Microfinance has a strong footing in Uzbekistan, the most populous country in the Central Asian region with a large fraction of inhabitants living in rural areas. Considered one of the key means of alleviating poverty and generating employment, the Uzbek government gave priority to microfinance initiatives, which resulted in the adoption of several microfinance laws. This paper provides an overview of the microfinance market as it has evolved in Uzbekistan, and calls for more comprehensive types of impact evaluation surveys that could benefit further market development.

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    Paper provided by Institut für Ost- und Südosteuropaforschung (Institute for East and South-East European Studies) in its series Memoranda - Policy Papers with number 39.

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    Length: 7
    Date of creation: Mar 2009
    Date of revision:
    Handle: RePEc:ost:memopp:39

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    1. Abbink, Klaus & Bernd Irlenbusch & Elke Renner, 2002. "Group Size and Social Ties in Microfinance Institutions," Royal Economic Society Annual Conference 2003 1, Royal Economic Society.
    2. Timothy N. Cason & Lata Gangadharan & Pushkar Maitra, 2008. "Moral Hazard and Peer Monitoring in a Laboratory Microfinance Experiment," Purdue University Economics Working Papers 1208, Purdue University, Department of Economics.
    3. Coleman, Brett E., 1999. "The impact of group lending in Northeast Thailand," Journal of Development Economics, Elsevier, vol. 60(1), pages 105-141, October.
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