
Project duration
2016-2021
Budget
€62 million

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
Actions in brief
- Access to finance, micro-finance, local currency lending
- Technical assistance (capacity building)