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New initiative launched: Helenos

Thanks to the support of EIF-EaSI, Inpulse Investment Manager is glad to announce the launch of a unique initiative for the inclusive finance sector in Europe : Helenos. Helenos is the first European private equity fund whose mission is to strengthen…

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COOPMED EXTENDS ITS SUPPORT TO ACAD

CoopMed disbursed its second loan of 500 K USD to the Arab Center for Agriculture Development (ACAD) Finance in the Palestinian Territories. With this loan, CoopMed is willing to support the organization which focuses on its mission to reach excluded…

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Supporting financial inclusion in Bosnia

In December 2017 CoopEst extended a new loan to Microcredit Foundation Mikra, operating in Bosnia and Herzegovina. The MFI focuses on providing loans to low-income individuals, predominantly women who constitute 75% of the borrowers. As regards the poverty outreach, nearly…

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Financing for rural Moldova

At the end of 2017 CoopEst extended an additional loan to Smart Credit in Moldova. The purpose of the loan is to support income generating activities of micro-entrepreneurs and small farmers. Smart Credit motto is “For a better life”. With…

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PARTNERSHIP EMN/BANCA ETICA/COOPEST: FONDIBESA IS FIRST BENEFICIARY

Within the framework of an innovative Partnership between Banca Popolare Etica (Italy), European Microfinance Network and CoopEst, CoopEst has just signed a EUR 1M senior loan agreement with FondiBESA, Albania. Under this partnership agreement, the partners are contributing to consolidate the microfinance sector in Europe and increase social impact. CoopEst is targeting EMN members thanks to a dedicated EUR 2 M funding provided by Banca Etica, with FondiBESA being the first beneficiary. FondiBESA is a distinguished MFI focused on economic growth and poverty reduction in urban and semi-urban areas of Albania.
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