The project

Alimo and his wife run a small workshop where four women work, transforming raw cotton into products like pillows, blankets, and tablecloths. They started their business eight years ago and sell their goods both locally and through Instagram.
 

Two years ago, they decided to expand their business. With a loan from microfinance institution Delta, they increased their revenue and hired more people. Delta offers fast and accessible loans without excessive bureaucracy, enabling entrepreneurs like Alimo to grow. Initially, they applied for the loan at the main office, but they are now clients of a local Delta branch, making the process even more convenient. In addition to the loan, they receive financial advice, training, and workshops through Delta.

A loan to small entrepreneurs like Alimo not only fosters the growth of their businesses but also creates jobs for others, contributing to the local economy of Uzbekistan.

What social impact does your investment make?

Despite recent improvements, Uzbekistan's economic situation still faces significant challenges. In 2023, unemployment dropped from 8.9% to 6.8%, but poverty remains a major issue, especially in rural areas. Limited access to financing hinders small entrepreneurs from expanding their businesses and creating more jobs, which is essential for the country’s economic growth and stability.

Delta plays a crucial role in addressing these challenges by offering microfinancing to small entrepreneurs. By providing loans, these entrepreneurs can grow their businesses and create new jobs. But Delta offers more than just financial support—they also provide entrepreneurs with financial advice, training, workshops, and access to valuable market information. Furthermore, Delta is opening new branches in Uzbekistan, making its services more accessible to rural entrepreneurs. This helps improve their financial situation and enhances their business skills and knowledge, leading to sustainable growth and development.

By investing in Delta, you are helping 65 entrepreneurs grow their businesses and improve the economic situation in Uzbekistan.

What potential financial return does your investment offer?

• Annual interest rate of 7.25%.
• The maturity of the loan is 24 months.
• With an investment of 1,000 euros, your expected total repayment would be 1,091 euros.

The story of Delta

Microfinance institution Delta was founded in 2009 and is based in the capital, Tashkent. Microfinancing enhances financial inclusion in Uzbekistan. Small businesses often lack access to commercial banks due to insufficient collateral or formal accounting. However, microfinancing enables these businesses to grow and strengthen the local economy.

With 12 branches in Tashkent, Syrdarya, Bukhara, and Navai, Delta supports a diverse range of entrepreneurs, including furniture makers, shop owners, and farmers. Their goal is to improve lives by providing people with the financial resources they need to realize their ambitions.

Delta has 16,422 active clients, with 62% from rural areas and 45% being women. By offering customer-focused service and high-quality support, Delta contributes to sustainable economic growth and employment in the region.

Delta in numbers

• Founded in 2009
• 125 employees
• Since 2020, the company has provided approximately 76,000 loans worth 60 million EUR.
• 45% of the borrowers are women