EU4Business - EIB DCFTA Initiative East (part of the EU DCFTA Facility)

EU4Business

Project duration

2016-2021

Budget

€62 million
Cover of EIB DCFTA Initiative East (part of the EU DCFTA Facility)
Cover of EIB DCFTA Initiative East (part of the EU DCFTA Facility)

Brief Description

Supports the private sector – small businesses first – so that it can benefit from the Deep and Comprehensive Free Trade Area (DCFTA) agreement

 

Countries covered: Georgia, Moldova, Ukraine

Objectives

  • To provide wider access to finance in the form of first loss SME loan portfolio guarantees
  • To support local currency lending
  • To support micro-finance institutions to prove financing to local micro-enterprises
  • To support agriculture and rural development, agroindustry sectors
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Actions in brief

  • Access to finance, micro-finance, local currency lending
  • Technical assistance (capacity building)
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