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Agreement to support Small and Medium Enterprises (SMEs) 

Description of the programme / policy

The guarantee agreements aim to address the challenges faced by SMEs in accessing funding and to promote their growth and development. By partnering with ProCredit group subsidiaries, the EIF seeks to leverage their expertise and market presence to enhance the availability of financing options for SMEs in Serbia, Kosovo, and North Macedonia.

Main objective of the programme/policy

To address challenges faced by SMEs in accessing funding and promote their growth and development in the Western Balkans, specifically in Serbia, Kosovo, and North Macedonia.

Specific objective of the programme/policy

To enhance the availability of financing options for SMEs by signing guarantee agreements with three ProCredit group subsidiaries.

Geographical focus:

Contact person

David Yormesor

Coordinating institution

Institution: Western Balkans Enterprise Development & Innovation Fund

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Organization: Agreement to support Small and Medium Enterprises (SMEs) 

Emails:

Source of information

website

Website

http://www.wbedif.eu/2017/02/09/eur-70m-for-smes-in-kosovo-serbia-and-the-former-yugoslav-republic-of-macedonia-under-the-western-balkans-guarantee-facility/

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