Small and medium-sized enterprises in Uzbekistan collectively received 1005 loans totaling 415.7 billion soums using the digital lending platform TadbirCore. These results were recorded by the platform between June 1 and September 17, 2026.
During this period, entrepreneurs submitted 3262 applications to banks via TadbirCore, with nearly one in three applications resulting in a loan disbursement, according to the Central Bank of Uzbekistan.
TadbirCore operates in beta mode under the supervision of the Central Bank. The platform's concept is that instead of approaching individual banks, an entrepreneur submits a single application that is simultaneously sent to a number of credit institutions.
The platform is currently integrated with 23 banks, including Agrobank, Asakabank, Aloqabank, Poytaxt Bank, InfinBank, Kapitalbank, Universalbank, Anorbank, Hamkorbank, Davr Bank, Turonbank, Asia Alliance Bank, Trustbank, Tenge Bank, Ipak Yuli Bank, Xalq Bank, Uzpromstroybank, Orient Finance Bank, Microcreditbank, BRB, Garant bank, TBC Bank, and National Bank.
The platform's creators explain the problem it aims to solve using the example of a typical entrepreneur: when applying to three banks, one has to collect documents, fill out questionnaires, and wait for a response three times. Since each bank has its own requirements, it only becomes clear after submitting the documents whether the applicant meets them. Furthermore, a bank may not have a branch in the entrepreneur's area, interest rates may seem similar at first glance, but the final payments differ, and a rejection may come without explanation.
The average interest rate for loans in national currency issued through the platform was 23.9%, and the average loan term was 37.4 months. The peak demand occurred in July, when 1465 applications were submitted and 420 loans totaling 169.7 billion soums were issued. In June, 954 applications and 266 loans worth 126.8 billion soums were registered. In August, entrepreneurs submitted 596 applications and received 224 loans amounting to 88.8 billion soums. Between September 1 and 17, 247 applications were received and 95 loans totaling 30.3 billion soums were issued.
The entire application process takes place online. Users log into the platform using an electronic digital signature, select one of four available products—a microloan up to 100 million soums, a current expenses loan, a long-term business development loan, or a new enterprise loan—and specify the amount, term, and purpose.
The system suggests suitable banks, whose responses are then displayed in the applicant's personal account. The entrepreneur sees the approved amount, interest rate, term, and grace period offered by each bank, chooses the preferred offer, and receives the manager's contact details. If the bank rejects the application, the platform indicates the reason, allowing the entrepreneur to improve their profile and reapply. Processing time is monitored using Service Level Agreements (SLAs) and a timer.
Banks maintain their independence: they formulate offers according to their own credit policies, set their own stop factors, and only receive applications that meet their requirements. Data is presented in a standardized format, which reduces the need for manual checks, while the analysis of rejected applications helps understand at what stage the bank loses potential borrowers.
The platform also provides access to clients in regions where maintaining branches is costly. According to the creators, competition in small business lending is shifting from the question of the number of bank branches to which conditions, speed, and quality of service are offered better.
Personal data processing is regulated by the Personal Data Law of July 2, 2019. Users decide who to grant access to their information, can withdraw their consent, and see who has accessed their documents. The platform does not request passwords for banking applications and does not have access to bank accounts. Loans through TadbirCore are available only to existing legal entities and individual entrepreneurs.
TadbirCore plans to launch a mobile application and a Telegram bot, and will also add microfinance organizations to the platform. For entrepreneurs who do not pass the initial screening, the system will ultimately provide recommendations on the criteria they did not meet and notify them about the possibility of future access.