Enabling Impact in Kazakhstan
Voices of change: Ulzhas Agatayeva | Solva
At Enabling Qapital, we are inspired by success stories like that of Ulzhas Agatayeva, an enterprising woman from Shymkent, Kazakhstan, and a valued end client of one of our partner microfinance institution, Solva.
Since its establishment in 2016, Solva has been dedicated to introducing and developing accessible financial services, supporting Ulzhas and countless others on their entrepreneurial journeys. Solva's commitment to financial inclusion is evident in its reach: serving over 119,489 borrowers, with 73% based in rural areas and 33% women entrepreneurs like Ulzhas.
Comprehensive Support Beyond Financing
Ulzhas, a determined mother of four, defied industry norms by establishing a business producing specialized detergents for car washes. Initially facing skepticism due to gender stereotypes, she persevered with the backing of Solva and its tailored financial solutions.
Beyond financing, Solva empowers clients through mentorship, educational programs, and a robust community network. Platforms like "Women's Business" facilitate knowledge exchange and collaboration among female entrepreneurs across Kazakhstan. With Solva's support, Ulzhas optimized her supply chain, sourced materials locally, and expanded her operations. Her success not only enhanced her family’s livelihood but also created employment opportunities for others in her community.
Looking forward, Ulzhas plans to scale her business nationwide and launch an online store, setting new benchmarks in her field and inspiring other women to pursue their entrepreneurial aspirations.
Enabled Sustainable Development Goals
By challenging gender stereotypes and supporting women entrepreneurs, Solva contributes to gender equality (SDG 5). By promoting local business development and innovation, Solva helps build resilient infrastructure and fosters inclusive and sustainable industrialization (SDG 9).
Targeted financial access and comprehensive support can ignite individual potential, drive economic progress, and cultivate inclusive growth—not just in Kazakhstan, but across emerging markets worldwide.
Discover how microfinance is transforming lives and advancing global goals. Learn more about the UN Sustainable Development Goals at https://sdgs.un.org/goals
Enabling SDGs: