Signature(s)
Summary sheet
- Credit lines - Credit lines
The operation will support the intermediary in financing eligible small and medium investments undertaken by micro, small and medium-sized enterprises (MSMEs) and mid-caps in Armenia,
The operation aims to contribute to economic resilience and employment-generating activities in the country.
The operation aims to finance eligible small and medium sized investments undertaken by micro-, small- and medium-sized enterprises (MSMEs) and Mid-Caps in Armenia, thereby contributing to economic resilience, employment generating activities and alleviating the economic burden of the recent displacement crisis in the country. MSMEs make up the vast majority of firms in Armenia and, as such, play a vital role in creating and safeguarding employment. Lack of access to long-term finance has been identified as one of the most significant obstacles to the expansion of MSMEs, and the proposed operation is expected to address these problems.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.