Established in May 2004, Business Leasing Uzbekistan (BLU) provides lease finance to local entrepreneurs and companies in Uzbekistan, with a focus on auto and equipment leasing. In 2007 SIFEM extended a loan of USD 1 million to BLU, which was fully paid back in 2013. However SIFEM continues to have exposure to BLU via the SEAF Central Asia Small Enterprise Fund (CASEF) invested in 2002.