Since the autumn of 1998, USTOI JSC team has been supporting the development of micro enterprises in Bulgaria by provision of fast, quality and continuous access to financial services.
In order to respond to clients’ needs we specialize in provision of short-term loans. Hereby we decrease the cost of the borrowed funds for the clients. The interest rate is fixed for the entire loan period, taxes and commissions are lower than those of the main competitors.
USTOI JSC is unique institution in Bulgaria, operating through the so called “group lending”. The main feature of group lending is that clients form groups with their colleagues and friends – micro entrepreneurs as well. A group consists of 3 to 15 members, who guarantee each other’s loans. There is no need for clients to attract other people for guarantors or propose any collateral to secure their loans.
We are proud that for the last 15 years we managed to facilitate and support the business development of thousands clients as we have provided more than 45 000 loans for the total amount of 65 million leva.
Our team operates on regional basis, and provides financial services to small entrepreneurs and farmers, who live and work in the same region. USTOI JSC operates through 6 offices in the country: Sofia, Pernik, Plovdiv, Pleven, Veliko Tarnovo and Ruse.
Since the beginning of 2012 we started actively working with farmers in the Plovdiv and Pleven regions. Our offer includes various loan products, available for both registered farmers and other agricultural producers.