Why we invested

AV Ventures invests in Oasis Credit to support its mission of expanding access to affordable financial services for underserved communities and small businesses. Oasis Credit provides innovative microfinance solutions and tailored credit products that empower individuals and entrepreneurs to improve their livelihoods and drive economic growth. By investing in Oasis Credit, AV Ventures aims to strengthen financial inclusion, enhance local business resilience, and create sustainable income-generating opportunities, ultimately contributing to broader socioeconomic development and poverty reduction.

Company Description:
The Company is registered in the Republic of Uzbekistan to provide microfinance services in accordance with the registration in the register of organizations #95 dated August 15, 2022, issued by the Central Bank of the Republic of Uzbekistan (hereinafter referred to as the “CBU”).
On March 2022 Company closed its seed round of investments and attracted USD 5mln led by Sturgeon Capital &FinFund. Company launched its lending operations on October 2022.
As of April 2023, Company reached USD 2.2 mln in loan portfolio, more than 90% of which are loans to SMEs and the average ticket size is USD 4.4 thousand.
Month-on-month breakeven achieved in March 2023.
The main activity of the Company is the implementation of microcredits, microleasing, issuance of microloans to legal entities and individuals in the territory of the Republic of Uzbekistan.
Legal address of the Company: Republic of Uzbekistan, Tashkent city, Yunusabad district, Oloy bozori street, house 63.
The total number of employees as of December 31,2024 was 85 people (Increased by 143% since the first investment of CAIF