Release date: 23 October 2007
Promoter – Financial Intermediary
Kreditanstalt für Wiederaufbau (KfW), Frankfurt Contact point:Monika Beck
Palmengartenstraße 5-9
60325 Frankfurt Germany Tel: +49 (-69) -7431 4069
Location
Description
The fund provides financing to micro and small scale enterprises, rural and housing loans through qualified financial intermediaries.
Objectives
The objective of the fund is to provide development finance in the South East European region, through the local financial sector, focusing on the needs of Micro and Small Enterprises.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 25 million.
Total cost (Approximate amount)
Around EUR 600 million.
Environmental aspects
To be in accordance with the relevant EU legislation.
Procurement
To be in accordance with the relevant EU legislation, including, where required, publication of tender notices in the EU Official Journal, as and where appropriate.
Status
Signed - 30/11/2007
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).