At the end of the year 2005, after OXUS creation, ACTED and the "Credit Cooperatif" have launched a partnership based on Microfinance. Via the Fund "Faim et Developpement", operated by the "Credit Cooperatif", the group has invested 200 000 EUR in ODN. It has greatly contributed to OXUS growth in 2006 enabling 1,000 people living in Tajikistan (Sughd and Khatlon provinces) to access financial services and launch their own business.

The "Credit Cooperatif" is a french bank, co-operative, highly commited to Social Economy movement. It has been a pionneer in terms of Ethical Finance : savings, credi (...). It is among the creators of the FEBEA (la Federation Europeenne des Banques Ethiques et Alternatives).

www.credit-cooperatif.coop

http://www.credit-cooperatif.coop/groupe/
presentation/ finance-solidaire/

Natexis Asset Management has entered into a partnership with ACTED within the framework of the expertise it has developed concerning an employee savings scheme (epargne salariale solidaire). Natexis Asset Management referenced ACTED during its meeting on August 31 2006 to launch its ethical Mutual Fund (Fonds Commun de Placement à Risques) "Natexis Solidaire". The aim of such ethical management by Natexis Asset Management is to facilitate access for non-profit organisations, such as ACTED, to long-term resources irrespective of their size or area of intervention. Natexis Asset Management is thus in a position where it can contribute to the financing of new projects which are considered as being commercially ethical, such as micro-finance.

Natexis Asset Management, a subsidiary of NATIXIS, is an asset management company (societe de gestion d'actifs) in the Groupe Banque Populaire and the Groupe Caisse d'Epargne. Natexis Asset Management is a market leader, managing 2.7 million Euros worth of assets by way of Responsible Investment (Investissement Socialement Responsable) as at 31 October 2006.

www.assetmanagement.natexis.fr