funding gap emerging markets

The company

OXUS Micro Credit Organization (MCO) is registered as a Limited Liability Company (LLC) under Tajik law and was founded by the International Non-Governmental Organization (NGO) ACTED and at later stage 100% shares were passed to OXUS Holding (ACTED is the biggest shareholder of Oxus Holding). 

OXUS Tajikistan has 27 point of sales (branches and banking service centers) with around 200 staff members, and operates in three out of four regions of Tajikistan, with over 14 000 clients.


OXUS is a transparent and responsible enterprise engaged in providing financial services to the working poor and the underbanked worldwide.


To improve the sustainable livelihoods of our customers and to be the microfinance organization of reference where we work.


General information

Head officeDushanbe
Founded18 November 2005
Active on Lendahand since23 March 2023
Credit ScoreA

Financial information per 2023-02-01

Portfolio Overview€13,583,654
Leverage ratio84.00%
Write-off ratio last 12 months0.00%
% investment amount in arrears (>90 days)2.00%

About Tajikistan

Tajikistan, the smallest country in Central Asia, is landlocked and mountainous. It is bordered by Afghanistan to the south, Uzbekistan to the west, Kyrgyzstan to the north, and the People's Republic of China to the east. The Republic of Tajikistan gained independence in 1991 as a result of the collapse of the Soviet Union. Following independence, the country went through a long period of internal conflicts and civil war. Political stability was restored in 1997 with the signing of a peace agreement between the government of Tajikistan and the united Tajik opposition. The population density of Tajikistan is 56 persons per square kilometer, however, the population is concentrated in the cultivated lands and in the industrialized urban areas, and therefore unevenly distributed among the four regions (viloyat). The majority of the population (over 70%) live in rural areas. The geographical terrain with 93% of mountainous territory and only 7% arable and the fact that Tajikistan lies in the seismically active zone makes the country uniquely prone to natural disasters such as earthquakes, floods, mudslides and landslides. Tajikistan has made steady progress in reducing poverty and growing its economy over the last decade. This has been accomplished through an increase in precious metals exports and a significant increase in domestic demand. Remittances represent over 25% of Tajikistan’s GDP, at some years reaching up to 40%.

Last funded project