Mission

The European Fund for Southeast Europe aims to foster economic development and prosperity in the Southeast Europe region, including the European Eastern Neighbourhood Region, through the sustainable provision of additional development finance.

The Fund offers long-term funding instruments to qualified partner lending institutions to better serve the financing needs of micro and small enterprises and low-income private households.

The Fund wishes to generate impact at three different levels:

Supporting micro and small enterprises as the backbone of the local economies, therewith contributing to income generation and employment creation,
Satisfying the basic need of decent shelter, and
Strengthening local financial markets.

At a glance - Key figures

Development performance

291,457 micro and small enterprise and housing loans totaling EUR 1.7 billion facilitated since inception

Investment portfolio

EUR 1,082.6 million of investments approved since inception

Funding

EUR 768 million of total commitments from donor agencies, international financial institutions and private investors
Public capital EUR 274 million (36%)
Private capital EUR 494 million (64%)

Status: 30 Sep 2011

Success Stories

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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Videos

EFSE - A Success Story in
Development Finance

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EFSE - A success story of microfinance investing in Southeast Europe

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Little school of banking -
Nir and eir, Nks i eks

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Little school of banking -
Macroeconomic indicators,
Makroekonomski pokazatelji

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Little school of banking - Swift

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