Renesans 3
In 1998, entrepreneur Raxatay began her traditional clothing business from home. She secured a loan from Renesans to rent a space near the central market in Tashkent, Uzbekistan. Today, she owns multiple shops and employs 20 women as seamstresses and shop assistants. Your investment can empower 210 entrepreneurs like her.
€175,000
6.00%
24 Monate
6 Monate
EUR
WährungBetrag | €175,000 |
Zinsen | 6.00% |
Reifegrad | 24 Monate |
Rückzahlungen | 6 Monate |
Währung | EUR |
Das Projekt
Please note: 1st principal repayment after 12 months instead of 6 months. However, the interest payments start after 6 months.
Uzbekistan, located in Central Asia, has undergone significant economic changes in recent years. Once closed to foreign investments, the nation is now opening its doors for trade and business. Within this evolving landscape, Renesans plays a crucial role, specifically targeting underserved entrepreneurs in rural regions. The institution focuses on providing financial assistance to small businesses, addressing a gap that traditional banks have often neglected.
The impact of Renesans can be seen through the journey of shop owner Raxatay. She began her venture with traditional clothing from her home in 1998. With the support of a loan from Renesans, she was able to rent a location near the central market in the capital city Tashkent. Today, her traditional clothing business has grown into a venture with multiple shops employing several local women. She envisions expanding her business to include workshops where women can learn to craft traditional clothing. Her story highlights how, with the right financial solutions, small businesses can create sustainable jobs in an otherwise unstable job market.
What social return could your investment generate?
Many individuals, especially in the rural regions of Uzbekistan, lack access to banking services. Renesans acts to close this gap by offering individual and group loans to local entrepreneurs, and businesses. These loans are available to drive business growth and enhance living standards.Through these initiatives, Renesans elevates the socio-economic landscape of the community and drives economic growth.
Renesans places a strong emphasis on gender equality. Over half of their loan portfolio supports initiatives that empower women, and 56% of their customer base is female.
What financial return could your investment generate?
- Annual interest rate 6%
- The maturity of the loan is 24 months
- Grace period: the first repayment of your investment will be made after 12 months. After that, there will be a repayment every 6 months
- With an investment of 1,000 euros, your expected total repayment would be 1,090 euros.
- This is a local currency (LCY) project, but the exchange risk is covered by our partner TCX. Using local currency for loans in emerging markets helps business owners avoid losses from unpredictable currency changes. Please read our blog for further information.
About Renesans
Renesans stepped up when small businesses were overlooked by state banks. By connecting with global financial resources, they enhanced their ability to support these businesses. Employing both individual and group lending methodologies, Renesans has issued more than 48,000 loans since 2008. Now, they proudly assist 8,050 clients - most of whom are from rural areas - with over half being women, underscoring their commitment to community growth and gender equality.
Renesans in numbers
- Founded in 2008, with their head office being in Tashkent
- Renesans exists of a branch network reaching 13 branches in 5 regions
- 114 employees
- 8.050 clients, of which 6.070 reside in rural areas and 4.406 are women
Name des Unternehmens | Renesans |
CEO | Mirlaziz Umarov |
Gegründet | 2007-07-19 |
Standort | Tashkent |
Sektor | Finanzdienstleistungen |
Umsatz | €1,742,309 |
Mitarbeiter | 114 |
Kreditwürdigkeit | B+ |
Auswirkungen
Renesans hat in Usbekistan durch die Bereitstellung von Bankdienstleistungen für unterversorgte Regionen, die Förderung des Unternehmenswachstums und die Verbesserung des Lebensstandards viel bewirkt. Seit 2008 wurden über 48.000 Kredite vergeben, wobei der Schwerpunkt auf der Förderung von Unternehmerinnen liegt - 56 % der Kredite werden an von Frauen geführte Initiativen vergeben. Dieses Engagement hat nicht nur die lokale Wirtschaft angekurbelt, sondern auch die Gleichstellung der Geschlechter innerhalb der Gemeinschaft gefördert.
SDGs Betroffenheit
Mit diesem Projekt leisten Sie einen Beitrag zu den folgenden nachhaltigen Entwicklungszielen:
SDG 1 - Keine Armut
SDG 5 - Gleichstellung der Geschlechter
SDG 8 - Menschenwürdige Arbeit und Wirtschaftswachstum
SDG 10 - Verringerung von Ungleichheiten
Ähnliche Blogposts
Lesen Sie hier den Einführungs-Blogpost über Renesans
Möchten Sie mehr darüber erfahren, wie finanzielle Eingliederung das Unternehmertum fördern kann? Lesen Sie hier.
Sie möchten wissen, welche anderen Mikrofinanzinstitute wir in unserem Portfolio haben? Sehen Sie sich diese hier an.
- Mit dieser Investition 210 wird das Leben der Menschen verbessert.