Saturday, June 7, 2025

Empowering Umida’s Business: The Impact of EBRD and We-Fi

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Umida Rakhmanova, founder of Miss Lighting, exemplifies how women entrepreneurs can thrive with the right financial and advisory support. Her journey began in 1999 when she crafted a chandelier for her mother, ultimately evolving into a multifaceted lighting company that produces custom chandeliers and LED bulbs. With her family actively involved, including her children managing a showroom in Dubai, Umida balances both business and family as top priorities. Significant backing from the EBRD’s Women in Business programme and We-Fi enabled her to secure a UZS 2 billion loan, facilitating the establishment of a full-scale LED production facility and enhancing her digital presence. Umida’s experience underscores the importance of capital and knowledge for empowering women in business.

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