Circle of Friends of the Foundation: a look back at the meeting with the managers of the OXUS group subsidiaries
OXUS is a socially responsible enterprise created by ACTED in 2005 to manage and develop microcredit activities as a logical extension of ACTED's development programs. OXUS Network seeks to provide its clients in developing countries with tailored and competitive financial services while offering its investors attractive financial returns.
Since its inception, OXUS has been a cornerstone of ACTED's development strategy, providing beneficiaries with access to credit and opportunities to achieve economic and social independence. As such, the OXUS Group's activities are part of a broader framework of human development, economic performance, and social development.
OXUS is now present in Central Asia, specifically in Tajikistan, Kyrgyzstan, and Afghanistan. A partner of the Foundation since 2013, OXUS presented its activities at a meeting of the Foundation's Circle of Friends on October 11. The directors of the three subsidiaries presented their structure, their activities, and the context of their work to the participants, with a particularly striking testimony from Salim Khan, Director of OXUS Afghanistan, who spoke of the return of the Taliban to Kabul on August 15, 2021, and the company's resilience in enabling employees and customers to continue leading relatively normal lives. OXUS Afghanistan is the only OXUS subsidiary not currently supported by the Grameen Crédit Agricole Foundation.
This meeting was also an opportunity to hear the joint testimony of Andréas Brunner, Solidarity Banker who went on a mission on behalf of the Foundation to Kyrgyzstan in October 2021, and Denis Khomyakov, Managing Director of OXUS Kyrgyzstan, and the positive impact of this technical assistance mission on the internal organization of the institution.
You can now access the recording of this meeting which was held in English, as well as to the presentation of OXUS.
To learn more about the Solidarity Bankers program, Click here.
More information on the Foundation partners here.
