European Fund for Southeast Europe
The European Fund for Southeast Europe provides sustainable funding to micro and small enterprises, helping them to grow, generate additional income, and create employment, as well as to low-income families, assisting them in the improvement of their housing conditions.
Special focus is also placed on financing for agricultural businesses.
EFSE was established in 2005 by German development bank KfW with the support of the European Union, the German Federal Ministry of Economic Development and Cooperation, and other public and private investors. In the years since, the impact investment fund has mobilized nearly EUR 3 billion for investments in 16 countries, unleashing close to 1 million sub-loans totalling EUR 7 billion for micro and small enterprises and private households.
In Serbia the resources from this fund are available through several banks’ loans. From 2005, total of 41 project in Serbia have been supported, approx. EUR 1.2 million project volume.
Contact for funding in Serbia:
Finance in Motion GmbH
Ms Mejra Juzbasić
Airport City, Omladinskih brigada 90v, building 1700, 8th floor 11070 Belgrade Serbia
E-Mail: serbia@finance-in-motion.com
Success story from Serbia watch here