THE ROLE OF MICROFINANCE IN ENSURING THE DEVELOPMENT OF SMALL BUSINESSES

Authors

  • Aytmuratova Ulbike Jalgasovna PhD in Economics, Associate Professor of the Finance Department of KSU, Nukus, Karakalpakstan, Uzbekistan.
  • Ibragimov Anvar Muxtarovich 3rd Year Student of KSU in the Direction of “Finance and Financial Technologies", Nukus, Karakalpakstan, Uzbekistan.

DOI:

https://doi.org/10.17605/OSF.IO/R86PM

Keywords:

Small business, financial services, microfinance activities, macroeconomic development, economic problems.

Abstract

Small business and private entrepreneurship are crucial for Uzbekistan's economy, impacting various socio-economic aspects. Lending serves as a significant catalyst for their development. Therefore, Uzbekistan is implementing economic reforms to create favorable conditions for entrepreneurs. This includes prioritizing the accelerated development, stimulation, and support of small businesses, which contribute to economic growth, job creation, and improved living standards.

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Published

2023-08-26

How to Cite

Aytmuratova Ulbike Jalgasovna, & Ibragimov Anvar Muxtarovich. (2023). THE ROLE OF MICROFINANCE IN ENSURING THE DEVELOPMENT OF SMALL BUSINESSES. Web of Scientist: International Scientific Research Journal, 4(8), 172–176. https://doi.org/10.17605/OSF.IO/R86PM

Issue

Vol. 4 No. 8 (2023): wos

Section

Articles

License

Copyright (c) 2023 Web of Scientist: International Scientific Research Journal

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

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