News
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Feb
201216Partner MCF and EFSE Development Facility successfully contribute to the financial education of 100,000 citizens
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Jan
201227EFSE and Byblos Bank Armenia sign loan agreement to support micro and small enterprises in Armenia
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Highlights
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Second EFSE Advisory Group Meeting of the year 2011 in Vienna, Austria.
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Armenian Central Bank subsidiary SMBCS invests EUR 2 million in EFSE Armenia Local Currency Facility
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Read the new EFSE Annual Report for an update of the past year 2010.EFSE Annual Report 2010
Online version
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The European Fund for Southeast Europe was awarded the Tageblatt Award 2011 of the Luxembourg Fund Awards on 4 April 2011.EFSE winner of the Luxembourg Fund Awards
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On 10 December the Advisory Group of the European Fund for Southeast Europe, composed of representatives of Central Banks of EFSE’s partner countries, met in Vienna, Austria, to celebrate the Fund’s fifth-year anniversary.EFSE’s fifth-year anniversary
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About EFSE
EFSE provides sustainable funding to micro and small enterprises helping them to grow, generate additional income and to create employment, as well as to low-income families assisting them in the improvement of their housing conditions.
Success Stories
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Strengthening fundamental values
The story of Luda Gharibyan, Grocery store owner, Armenia
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Growing with the local market
The story of Ina Melniciuc and Alexandru Gheletea, Furniture manufacturers, Moldova
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Building on a tradition of growth
The story of Zoran and Goran Volf, Carbon and metal products manufacturers, Serbia
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Sustaining the momentum of growth
The story of Galina Epuri, Owner of a wholesale bakery, Moldova
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Helping entrepreneurial dreams come true
The story of Givi Gachechiladze, Owner of a metalworking company, Georgia
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Backing businesses with strong fundamentals
The story of Zurab Tatrishvili, Wine grower, Georgia
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Providing a framework for prosperity
The story of Joni Mamasakhlisi, Window frame manufacturer, Georgia
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Investing in education
The story of Nagorka Govedarica, Owner of a childcare center, Bosnia and Herzegovina
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Reaping the benefits of hard work
The story of Gennadiy Lysikov, Agricultural producer, Ukraine
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Sowing the seeds for a better future
The story of Kadri Mane, Greenhouse operator, Albania
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Reflecting business success
The story of the Jordanov family, Owner of a vegetable and fruit processing company, FYR Macedonia
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Themes
Responsible Finance
Responsible finance has become an increasing concern in microfinance and traditional banking.
moreWords from our Donors & Investors
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Stefan Füle,
European CommissionThe EFSE: a vital component of the growth strategy for Southeast Europe and further EU integration
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Dirk Niebel,
German Federal Minister for Economic Cooperation and DevelopmentBuilding momentum in development finance
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Dr. Norbert Kloppenburg,
Member of the Executive Board of KfW BankengruppeBuilding momentum in development finance
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