ACTED microfinance initiatives

The OXUS Group is part of an integrated and coherent network of international actors in the fields of microfinance and development.

 

The Agency for Technical Cooperation and Development (ACTED) is an apolitical and non-confessional international relief agency created in Afghanistan in 1993. ACTED’s vocation is to support vulnerable populations worldwide and to accompany them in building a better future.

ACTED develops about 300 projects a year in such diversified activities as Emergency Relief, Food Security, Health Promotion Network, Economic Development, Education and training, Micro finance, Advocacy – Institutional Support and Regional Dialogue, and Cultural promotion. As of today, ACTED is active in 32 countries in Asia, Eastern and Central Africa, the Middle-East, Latin America and the Caribbean. The NGO employs approximately 4000 staff and its headquarters are located in Paris (France). ACTED is the founder and main shareholder of the OXUS Group.

For more information, please visit: www.acted.org

 

Supported by ACTED from the outset, Babyloan is the first peer-to-peer micro-lending website in France. Babyloan puts micro entrepreneurs from developing countries all over the world in direct touch with private lenders. On Babyloan, you can choose the micro-entrepreneur you wish to support, lend the amount of money you want and get your money back at the end of the loan term. Babyloan is also an educational platform to exchange best practices and information on the microfinance sector. OXUS Tajikistan was Babyloan’s first partner microfinance institution (MFI): it means that you can make a loan to OXUS MFIs’ micro entrepreneurs through Babyloan.

For more information, please visit: www.babyloan.org

 

Convergences 2015 is a discussion forum aimed at bringing together private and public sectors and social business. Its goal is to contribute to the establishment of a sustainable form of development in order to reduce extreme poverty in the world, as stated in the year 2000 by the eight Millenium Development Goals. Each year, ACTED and a number of partners organise ‘Convergences 2015′, a conference in Paris to bring together a wide range of experts from a variety of financial, economic, and social organisations. OXUS MFIs take part in the debates and discussions held under the auspice of Convergences 2015.

For more information, please visit: http://www.convergences2015.org/fr

 

Developed by OCTO Technology and ACTED since 2005, OCTOPUS is an open source software managing customers, loans, and reporting specifically designed for MFIs. The OXUS Group supports the development of this software, which is used by all OXUS MFIs and available for free to anyone. Since inception OCTOPUS has grown fast; in 2009 OCTOPUS was ranked by the Consultative Group to Assist the Poor (CGAP) as one of the most user-friendly microfinance software’s in the market and by year end 2010 it counted for over 50 regular users.

For more information, please visit: www.octopusnetwork.org

 

 

The South Asian Microfinance Network (SAMN) was established in 2008 by ACTED and the European Commission with a view to promote the financial inclusion of low income populations in South Asia. At present there are 24 partner MFIs from Afghanistan, Bangladesh, India, Pakistan and Sri Lanka, representing over 2 million clients and a US $ 250 million portfolio. SAMN is currently developing to become an effective, institutionalized platform aiming at exchanging best practices and technical support in the field of microfinance and encouraging foreign investment in tier II MFIs within the region. OXUS Afghanistan is part of the SAMN network, and OXUS Development Network is providing technical assistance to this initiative, particularly by linking South Asian MFIs to European investors.

For more information, please visit: www.samn.eu