About us

Oasis Credit aims to promote the sustainable development of Uzbekistan by supporting micro and small entrepreneurs, farmers, and the self-employed in growing their businesses and improving their quality of life.

The company comprises young, energetic professionals, many of whom are recent university graduates. They receive training and support to become financial experts. Oasis Credit’s managers bring over 20 years of international experience in microfinance, enabling them to find solutions in various situations. By investing in digital technologies and staff development, Oasis Credit strives to make loans fast, convenient, and accessible throughout the country.

The company seeks to break down bureaucratic barriers in financing, creating comfortable conditions for business development and higher living standards. Transparency and quality are our guiding principles. We take responsibility and are attentive to the needs and wishes of our clients.

Shareholders

Oasis Credit is proud to have international institutional investors as shareholders, who share values of sustainable development, transparency, and social responsibility. Their expertise and long-term support help implement innovative solutions, develop financial accessibility, and build a sustainable ecosystem of trust for clients.

Finnfund - a development financier and impact investor which provide businesses operaing in Africa, Asia and Latin America with risk capital, long-term investment loans, mezzanine financing and expertise on how to invest in the developing markets. Finnfund is owned by the State of Finland (95.9%), Finnvera (4.0%), and the Confederation of Finnish Industries (0.1%).

Inspiring Development (I.D.) - Specialized management consulting company for banks and microfinance institutions (MFIs) operating in developing countries and emerging markets

Sturgeon Capital - a leading frontier markets investment company focusing on technology- oriented businesses that offer products or services which solved unserved, acute pain points for very large addresable markets.

Social Responsibility and Environmental Sustainability

We recognize the importance of environmental preservation and take responsibility for supporting a sustainable future. As part of our social responsibility, the company does not finance organizations whose activities harm the environment or contribute to the degradation of natural resources. The priority is to support projects that adhere to environmental safety principles and contribute to sustainable development.

Management

Supervisory Board

Richard Marney

Extensive experience in banking, investments, economics, and asset management in emerging markets. Held leadership positions in business development, risk management, fundraising, and operations, and served on boards of directors and advisory committees across various sectors and regions.

Antti Urvas

Associate Director and Head of Financial Institutions Portfolio at Finnfund. Extensive experience in leadership positions in debt capital markets, fixed income and currency trading and sales, international corporate banking, treasury, and asset management.

Philipp Pott

20 years of experience in financial and banking development, with a focus on general management, business development, and human resource management, including the position of CEO at ProCredit institutions in various countries and Head of Business Development at ProCredit Holding.

Scott Richards

Investment professional with over 20 years of experience in private credit and equity, venture capital, and investment banking advisory in both emerging and developed markets. Deep expertise in the financial sector, fintech, capital markets, structured credit, agriculture, energy, and real estate.

Kiyan Zandiyeh

Extensive experience in investment management with a focus on underdeveloped geographic regions. Outstanding expertise in venture capital and private equity, with a commitment to supporting transformational businesses addressing key emerging market challenges

Mahmudali Guseynov

Chief Executive Officer – over 25 years of experience working with small and medium-sized enterprises (SMEs) in senior management roles at international banks in Georgia, Ukraine, and Germany. Successfully implemented a number of consulting projects for banks and microfinance institutions in Azerbaijan, Turkey, and Nigeria.

Viktor Bilko

Chief Risk Officer with extensive experience in credit risk management and SME financing. Has worked in banks in Ukraine and provided consulting to financial institutions in Central Asian countries on lending and risk management.

Nurullo Mashrabov

Director with international experience in serving micro, small, and medium enterprises (MSMEs), specializing in financial product development and client base expansion in emerging markets. Has worked in microfinance banks in Azerbaijan, Mongolia, Tanzania, and Zambia.

Feruza Rustamova

Chief Accountant with over 20 years of experience in the financial sector of Uzbekistan, specializing in the banking sector and microfinance organizations (MFOs). Possesses in-depth knowledge of financial reporting and tax accounting, with a focus on regulatory compliance.

Financial information

Financial reporting 2022

The "Financial Reporting" section presents information on the financial results for 2022

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Financial reporting 2023

The "Financial Reporting" section presents information on the financial results for 2023