Microfinance organization Delta was established on January 29, 2009, and began its activities with a license from the Central Bank of the Republic of Uzbekistan on May 16, 2009. Delta focuses on improving financial inclusion in Uzbekistan, particularly in rural areas such as Tashkent, Syrdarya, Bukhara, and Navai, where high unemployment and limited economic opportunities prevail. These regions face significant social and economic challenges, including poverty and limited access to education and basic services, especially among women and vulnerable communities.
Delta plays a crucial role in addressing these issues by providing financial services to small entrepreneurs and individuals who lack access to commercial banks. Their goal is to stimulate economic growth and employment by offering microfinancing. In addition to loans, Delta also provides financial advice, training, and workshops, helping entrepreneurs enhance their business skills and knowledge.
With 12 branches and 16,422 active clients, 62% of whom are from rural areas and 45% are women, Delta significantly contributes to the socio-economic development of Uzbekistan. Their unique approach, combining financial support with educational services, helps entrepreneurs sustainably grow their businesses and create more jobs in their communities. Delta's customer-oriented approach strengthens its position as a reliable partner for economic development in the region.
General information
| Borrower | Microfinance Organization Delta Limited Liability Company |
| Country | Uzbekistan |
| Head office | Tashkent |
| Website | http://mfodelta.uz/en/home/ |
| Founded | 16 January 2009 |
| Active on Lendahand since | 15 July 2024 |
| Credit Score | A |
Financial information per 2024-03-31
| Portfolio Overview | €9,339,668 |
| Leverage ratio | 55.00% |
| Write-off ratio last 12 months | 0.45% |
| % investment amount in arrears (>90 days) | 0.17% |
About Uzbekistan
Uzbekistan is located in the heart of Central Asia, between two large rivers Amu Darya and Syr Darya. History of nations, living on this territory, is more than thousand years. As of 2022, Uzbekistan has the largest population out of all the countries in Central Asia. Its 36 million citizens comprise nearly half the region's total population. The Government of Uzbekistan has developed an ambitious set of reforms in recent years, but more are needed to continue to spur private sector-led growth and job creation. Notably, reducing the dominance of state-owned enterprises and opening up key sectors of the economy to competition would strengthen market incentives and sustainability. The Republic of Uzbekistan has a GDP of 91 billion US dollars. The IMF expects the GDP growth in 2024 to remain unchanged at 5.5%, inflation to fall to 10%, and unemployment to fall to 7.9%.
Last funded project
UzbekistanDelta 2
Meet Baxodir, a raspberry and strawberry farmer in Uzbekistan. Thanks to a loan from Delta, Baxodir can purchase new seeds and expand his farm, providing employment for both permanent and seasonal workers. With your investment, 60 entrepreneurs like Baxodir can build a stable income.