Delta

funding gap emerging markets

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.

General information

BorrowerMicrofinance Organization Delta Limited Liability Company
CountryUzbekistan
Head officeTashkent
Websitehttp://mfodelta.uz/en/home/
Founded16 January 2009
Active on Lendahand since15 July 2024
Credit ScoreA

Financial information per 2024-03-31

Portfolio Overview€9,339,668
Leverage ratio55.00%
Write-off ratio last 12 months0.45%
% 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