Investment Intern

Position: Investment Intern Location: Paris, France Duration: 6 months Starting Date: January 2018 Jobsheet _____________________________________________________________________________________ I. Job Description:   About the organization   OXUS is a microfinance group created in 2005 at the initiative of ACTED, the Agency for Technical Cooperation and Development, a French worldwide NGO. Capitalizing on ACTED’s 10 years experience in microfinance, OXUS currently features 4 MFIs, in Tajikistan, Kyrgyzstan and Afghanistan and Democratic Republic of Congo.   OXUS Development Network (ODN), the services company set up by OXUS, provides Technical assistance, MIS and investment services to the OXUS MFIs and ACTED’s various microfinance initiatives. ODN also provides microfinance expertise to other partners (MFI’s, networks, investors).   ODN is based in Paris, France. OXUS’s goal is to operate in 5 countries by the end of 2016.   About the job   In the context of Oxus Group development, Oxus Development Network is recruiting an Investment Intern. He (or she) will work under the direct supervision of Investment Officer and take part in all activities linked to the development of Oxus Development Network. II. Responsibilities:   The Investment Intern will assist the Investment Officer in the following tasks :
  • Monitoring and consolidation of affiliates monthly results
  • Prepare investment proposals: analysis of the financial sector and the microfinance industry
  • Provide support during negotiations with investors and the investment process;
  • Creation of the annual report of 2016
  • Provide support for the development of Oxus Group business plan and strategy; provide support for Oxus Group fundraising;
  • Analysis of macroeconomic overviews of affiliates (newsletters, focus point on countries,…)
  • Update of the website
  III. Qualifications and skills required:
  • Master’s degree or equivalent from business school, engineering school or university;
  • Strong analytical skills;
  • Good organizational and interpersonal skills;
  • Excellent verbal and written communication skills;
  • Creativity and flexibility;
  • Capacity and willingness to learn new skills quickly;
  • Strong interest in development issues;
  • Fluency in English and French is a prerequisite.
  IV. Conditions:  
  • Internship
  • Duration : 6 months
  • Gross remuneration per month: 554,40 Euros
  • 50% of transports is refunded plus “tickets restaurant”
  V. To apply:   Please submit an application letter together with a detailed CV, in French or English, highlighting (1) relevant experience, proven skills, and (2) references to the following mail: jobs@oxus-fr.org        

OXUS Afghanistan was delighted by the visit of the President during the International Agriculture Fair Exhibition

OXUS Afghanistan participated in Agriculture Fair Exhibition which was organized by the Ministry of Agriculture and Livestock and supported by USAID.

As one of the biggest microfinance institutions of the country, OXUS Afghanistan is committed in the development of agriculture. By providing loans to small farmers, OXUS gives them the opportunity to invest in their agri-business in order to improve the quality and the quantity of their goods.

During the exibition H.E Mr. Mohammad Ashraf Ghani, President of Islamic Republic of Afghanistan and other high ranking officials visited OXUS’ pavillion.

The International Agricultural Fair hosted Afghan and international venders, showcasing the country’s crown jewels of agriculture, such as grapes, pomegranates, dried fruits, nuts, cashmere, and other high value crops and agricultural services.


The exibition provided business opportunities to identify prime agri-business investment opportunities, network with hundreds of leading business representatives, participate in business-to-business match-making meetings, explore profitable markets and business sectors, gain valuable information from policy makers and business leaders, learn about the latest technology at the AgFair’s productivity center, promote insurance culture in Afghanistan, showcase products and new technologies and forge business deals in the country’s expanding agriculture sector.


The future of Afghanistan’s agricultural sector depends on expanding the customer base beyond Afghanistan’s borders. USAID has helped open new markets to Afghan goods by helping farmers meet international packaging and shipping standards and by organizing international agricultural trade fairs. This year’s participants included importers, exporters, wholesalers, retailers, producers, input suppliers, and service providers from throughout Afghanistan as well as from countries including the United States, China, Germany, India, Pakistan, Tajikistan, Turkey, Turkmenistan, and the United Arab Emirates.

  To learn more about Agfair’s projects

OXUS’ success stories in Afghanistan are highlighted by AMA

AMA (Afghanistan Microfinance Association) has highlighted the benefits of microfinance through Afghan success stories in this booklet. You will find two success stories of OXUS’ clients.

You will discover the story of Masouda a widow who rose above tragedy, turning her talent into a successful sewing business.
The story of Zarlasht illustrates also the resources provided by microfinance to women, to help them to turn their small business into SME.

Annual report

  Find our annual report here !

OXUS Afghanistan has reached 20,000 active clients

Entrepreneurship in Afghanistan benefits from micro credit: the microfinance institution OXUS Afghanistan has reached 20,000 clients in February 2016

One figure: 20 000. Which represents the number of micro entrepreneurs currently financed by OXUS in Afghanistan. The microfinance institution of the OXUS network was founded in 2007 by the French NGO ACTED and has been present for almost 10 years in Afghanistan. Its clients are the small Afghan merchants, craftsmen and farmers who participate in the country’s reconstruction, in rural as well as urban areas.

OXUS Afghanistan is present throughout the country thanks to a network of 17 branches and 369 employees. Today, 20 000 clients of which almost 50% live in unprivileged rural areas benefit from an average loan amount of around 400 euros. In 10 years, over 100 000 loans have been granted by OXUS Afghanistan and therefore testify of the microfinance institution’s continuous commitment towards the population most excluded from the traditional banking system.

OXUS Afghanistan’s mission is to provide sustainable and tailored financial services to the working poor and underbanked in order to improve sustainably its clients’ livelihoods.

Reaching this symbolic figure is a true testimony of the strong impact of the OXUS programmes in the field, especially with the Afghan population in a post-conflict country. A country where support to economic development is the remaining bulwark against the mass exodus Afghanistan is experiencing today.

About OXUS

With more than 10 years of experience in strong social impact oriented microfinance, OXUS is the French network of reference in its field in post-crisis countries. OXUS is a responsible and social company, committed to providing financial services to the working poor and underbanked excluded from the traditional banking system.

The OXUS network finances over 60 000 micro entrepreneurs in Tajikistan, Kyrgyzstan, Afghanistan and the Democratic Republic of the Congo, with a total outstanding portfolio of EUR 40 million at the end of 2015. The OXUS network is committed to building teams of recognized professionals, creating and offering the most efficient microfinance services, and overall providing sustainable livelihoods for its clients.

Quotes

With 20 000 micro entrepreneurs financed, OXUS Afghanistan is one of the leaders of microfinance in Afghanistan. Given the security and economic difficulties in the country, there are increasingly great needs for financial services and we forecast rapid growth in the years to come, with the opening of new branches both in rural and urban areas.

Salim Khan, CEO OXUS Afghanistan

After reaching 20 000 active clients in Tajikistan in 2013, 20 000 in the Democratic Republic of the Congo in 2015, and now in Afghanistan, the OXUS network will continue its growth and plans to finance about 100 000 clients in crisis context countries in the next two years.

Sébastien Duquet, CEO OXUS Development Network

Find out more www.oxusnetwork.org | Sébastien Duquet, sebastien.duquet@oxus-fr.org, 32 rue Tronchet, 75009 Paris, tel: 01 42 66 62 10

Sébastien Duquet is the new CEO of OXUS

OXUS is pleased to announce the nomination of its new CEO, Sébastien Duquet who has almost 20 years of experience in microfinance and banking in developing countries.

OXUS Development Network, the technical assistance company of the OXUS microfinance network has nominated a new CEO since April 2016. A few words about his professional background…

From 1995 to 2005, Sébastien worked for Arthur Andersen and Ernst & Young as a TAS Senior Director (Transaction Advisory Services). During those 10 years, he was involved in 73 transactions in the banking sector in France (takeover by HSBC of CCF, etc.) and emerging markets (in Tunisia, Morocco, Bosnia, Serbia, Czech Republic, etc.).

He became CEO of PlaNet Finance in June 2005. Up to September 2009 as managing director of Planet Finance, he managed on a worldwide basis more than 200 programs of technical assistance in microfinance. He is also a co-founder of FinanCités (microventure capital in France) and Planet Guarantee (one of the largest worldwide broker in microinsurance).

From 2009 to end 2015, Sebastien managed PlaNIS that he then merged with responsAbility (a USD 3 BN impact asset manager, leader in investment in microfinance). At responsAbility he was in charge of the debt investments portfolio of responsAbility in Eastern Europe, Middle East, Caucasus and Central Asia (current portfolio size of 820 million USD invested in 103 organizations in the region). He was also part of the management committee of responsAbility.

Since the 1rst of April 2016, Sébastien is CEO of OXUS Development Network. OXUS is a microfinance networks lending to more than 60 000 micro entrepreneurs in four countries: Tajikistan, Afghanistan, Kyrgyzstan and the Democratic Republic of Congo, for a total portfolio of USD 50 million.

Sébastien graduated from EDHEC and holds the DESCF (certificate of accounting expertise).

 

About OXUS Development Network

With more than 10 years of experience in strong social impact oriented microfinance, OXUS is the network of reference in post-crisis countries. The OXUS network currently finances over 60 000 micro entrepreneurs in Tajikistan, Kyrgyzstan, Afghanistan and in the Democratic Republic of the Congo.

Quotes

Sébastien’s nomination is a major asset for the OXUS Network’s development: our activities are experiencing strong growth and we hope to double our portfolio in the years to come in order to reach over 100 000 active clients and a total portfolio of 100 million euros by end 2018. Sebastien’s experience combined to the one of our current teams, both on the ground and in Paris, will allow us to increase significantly the outreach of our microfinance institutions.

Frédéric Roussel, co-founder of Oxus

Find out more http://www.oxusnetwork.org | Sébastien Duquet, sebastien.duquet@oxus-fr.org, 32 rue Tronchet, 75009 Paris, tel: 01 42 66 62 10  

PRESS RELEASE: USAID guarantees loans for Afghan microfinance

The United States Agency for International Development (USAID) has announced on October 8 that it is giving a guarantee of 60% on loans up $1 million which OXUS Afghanistan undertakes with local banks, in order to increase access to credit for Afghan small businesses.

Click here to read the full press release.

Tajikistan Signs Sub-Loan Agreement under the Climate Resilience Grant

CEO of OXUS Microloan Organization Vatansho Vatanshoev and PMO Director Ahliddin Ubaidulloev signed the agreement for climate resilient agriculture and income diversification credit lines in Dushanbe on 24 October. The project aims to reduce the adverse effects of climate change in the Pyanj River basin in Tajikistan. CD, TJRM C.C. Yu and CWER’s Ryutaro Takaku witnessed the signing ceremony.

Click here for the original press release (with pictures).

PRESS RELEASE: MICROFINANCE GROUP OXUS RAISES EUR 3.3M IN EQUITY

The Paris-based international microfinance group OXUS raised EUR 3.3 million in Q2 & Q3 2014 through its investment vehicle OXUS Holding.

Click here to read the full Press Release.

Welcome

National Bank of Tajikistan’s press release

On May 20th 2014, a National Bank of Tajikistan’s press service released the following information about the cancellation of the permit for the microcredit fund “Oxus” MLF:

http://news.tj/en/news/tajikistan-national-bank-cancelled-two-microcredit-funds-permits

This cancellation does not relate to the Micro Credit Organization (MCO) “OXUS” LLC and has no impact on the operations of MCO “OXUS” LLC.

“Oxus” Micro Lending Fund (MLF) was created by the same founding organization in 2005 but never developed any lending activities. The overall liquidation of this dormant company was recently finalized and made public last week.

Micro-lending Fund (MLF) “Oxus” did not have any activities related to the MCO “OXUS“ LLC.