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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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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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