LOAN WITHIN THE FRAMEWORK OF CO-OPERATION WITH THE PUBLIC FOUNDATION “ENTREPRENEURSHIP AND DEVELOPMENT” (ACCELERATE PROSPERITY)

The Accelerate Prosperity Public Foundation (Accelerate Prosperity) is a new global development initiative of the Aga Khan Network. The mission of this institution is to support small and medium entrepreneurs in the country for business development. Special attention is given to women and youth in peri-urban and rural areas.

The initiative will provide financial and non-financial assistance to entrepreneurs that will result in reduced entrepreneurial risks, improved development opportunities and job creation.

To get loan product tariffs, please use the following link: tariffs

Who can participate in the programme:

  • Small and medium-sized entrepreneurs and new entrepreneurs (start-ups).

Particular attention is paid to:

  • Enterprises with high growth potential;
  • Businesses that have significant employment prospects (especially for women;
  • Women entrepreneurs and new entrepreneurs (start-ups);
  • Enterprises engaged in cross-border trade and export.

The programme seeks innovative ideas and breakthroughs in all sectors of the economy, focusing on the following areas:

  • Education and Health;
  • Scope of Service;
  • Agriculture;
  • Information technology and green energy;
  • Tourism Industry;
  • Scope of production and value chain development.

Areas that do not participate in the programme:

  • Scope of trade;
  • The manufacture or sale of alcohol or tobacco;
  • Construction of buildings and shopping centres;

Programme priority

  • Selected candidates are specially trained and provided with individual mentors.

Loan requirements

Standardised loans Credit line
—      Loan amount: up to USD 50,000 (equivalent in Tajik somoni);

—      Loan term: up to 48 months;

—      Loan currency: in somoni and US dollars;

—      Grace period: up to 6 months;

—      Type of credit granting: cash and non-cash;

—      Repay the loan in full by the due date;

—      Annual percentage: Tajik somoni-6%*, US dollar-6%*;

—      Service fee: 1%

—      Collateral: movable property, immovable property, one guarantor.

—      Method of payment: monthly, annuity

 —      Loan amount: up to USD 20,000 (equivalent in Tajik somoni);

—      Loan term: up to 12 months;

—      Loan currency: in Tajik somoni and US dollars;

—      Grace period: none;

—      Type of credit granting: cash and non-cash;

—      Repay the loan in full by the due date;

—      Annual percentage: somoni-6%*, US dollar-6%*;

—      Service fee: 1%

—      Collateral: movable property, immovable property, one guarantor.

—       Payment method: free (monthly interest payment)
* Information on the conditions and mechanism for obtaining a loan with an effective interest rate of around 6% is available at Accelerate Prosperity offices or by calling (+992) 93 777 0775.

Stages of the programme

STUDY Term (month) Objectives
INCOUBATION 1 Increasing the knowledge of entrepreneurs on business topics
ACCELERATION 3 Writing a business plan and presentation
FINANCING 1 Drawing up loan, guarantee and suretyship agreements
POSTINVESTMENT Loan term Technical assistance (marketing, Accounting, etc.)