P2P lending and crowdfunding as alternative sources of financing for small business in Uzbekistan

This article analyzes the increasing relevance of peer-to-peer (P2P) lending and crowdfunding as alternativefinancial instruments to support the development of small businesses in Uzbekistan. Given the limited access to traditionalbank loans and venture capital, small enterprises are turning more frequently to FinTech-based platforms. Throughcomparative analysis and case studies, the paper assesses the efficiency, opportunities, and challenges associated withthe implementation of these financial technologies in Uzbekistan.