Tadschikistan Kirgisistan Mongolei Usbekistan

Promotion of women in business

Countries
Kyrgyzstan, Mongolia, Uzbekistan

Local project partner
Kyrgyzstan: CJSC Kyrgyz Investment and Credit Bank (KICB)
Uzbekistan: PJSCB "Davr Bank", JSCMB "Ipoteka Bank"
Tajikistan: CJSC Bank "Arvand", OJSC "Bank Eskhata", CJSC MDO "IMON INTERNATIONAL"
Mongolia: Transcapital NBFI

German project partner
IPC GmbH

Donor
EBRD

Duration
16.01.2020 - 15.08.2026


In Central Asia, small and medium-sized enterprises (SMEs) often have poor development opportunities.

In addition, there is a wide disparity in access to finance as well as skills and employment. This disproportionally affects the female population. These structural deficits prevent women-led SMEs from realizing their economic potential. Lack of access to finance is a major obstacle to development and growth for women-owned businesses. The lack of adequate finance tailored to the specific needs of SMEs, combined with fewer opportunities for women to gain management experience, means that these enterprises are mostly confined to low-value-added and low-productivity sectors.

The EBRD designed the Central Asian Women in Business program with the aim of supporting women's entrepreneurship in Central Asia (Kyrgyzstan, Mongolia, Tajikistan, and Uzbekistan) and, more broadly, to promote women's participation in business by helping women-led SMEs access finance, know-how, and advice.

Women in Business will be supported through education, training, and lending in the project countries.

This will build on the experience gained in Tajikistan, where a similar EBRD project has already been implemented by German Sparkassenstiftung since mid-2017. Accordingly, the instruments and approaches, and in some cases also the experts, that have proven to be successful in Tajikistan will be used.

Project Tasks

  • Analysis of financial institutions regarding their suitability for offering services to small and medium-sized women entrepreneurs.
  • Creation and development of suitable organizational structures, business models and strategies as well as processes to support financial institutions in starting, continuing or expanding efficient lending to the target group.
  • Implementation of comprehensive capacity-building measures - training and coaching, development of internal training capacities.
  • Development of credit products with a high proportion of financial and economic education for women

Deutsche Sparkassenstiftung für internationale Kooperation e.V.
Simrockstraße 4, 53113 Bonn

Phone: +49 228 9703-0
Fax: +49 228 9703-6613 or -6630

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