Baratov Maksudali Naziralyevich,
Independent student of Namangan State University
Email: mnb7907@gmail.com
Mamatov Bakhadir Safaralievich,
DSc, Professor of Tashkent Financial Institute
Email: bahadir_mamatov@mail.ru
Tashkent, Uzbekistan
Abstract. This article analyzes the practice of microfinance for small businesses and private entrepreneurs, the scale and dynamics of microfinance by commercial banks. The microfinance system of small businesses is classified and described. The conditions for the use of micro-loans by small businesses, measures to increase the popularity of microfinance services by commercial banks are described. In the structure of loans issued to the population, the share of micro-loans and microloans, the share of loans and microloans issued to small businesses and private organizations in the volume of gross domestic product and bank loan investments, duration, interest rate and amounts of microloans issued by commercial banks to small businesses were studied. Based on the results of the study, scientific and practical proposals were developed aimed at developing the microfinance system for small businesses.
Keywords: small business, entrepreneurship, commercial banks, gross domestic product, microfinance, microfinance services, microcredit, microloan, interest rate, volume of microcredit, microcredit market, sources of financing.