LIST OF INVESTEES (12/2011)

  • Albania

    BESA FUND
    • Long-term loan
    • Among the major microfinance institutions in the country

  • Bulgaria
    KREDITKOOP (RUSE KASA POPULAR)
    • Long-term subordinated loan.
    • Reinforcement of the creation of credit and savings associations in Bulgaria (a network of 16 locales entities).

    MIKROFOND
    • Long-term convertible loan.
    • Microfinance institution operating all over Bulgaria (11 offices), specialised in marginalised groups of population.

  • Kosovo

    AFK
    • Senior loan.
    • A microfinance institution, specialised in rural development in the Western part of the country.

    KRK
    • Senior loan.
    • A microfinance institution, operating according to co-operative principals; specialised in rural development.

  • Lithuania

    LCCU
    • Long-term subordinated loan.
    • Central institution of the Lithuanian credit and savings associations (a network of 65 local institutions all over Lithuania).

  • Poland

    INICJATYWA MIKRO
    • Long-term loan.
    • Microfinance institution operating in the Southern part of the country.

    MUTUAL INSURANCE COMPANY

    COOPERATIVE BANKS

  • Romania
    FAER
    • Long-term loan.
    • Microfinance institution specialised in rural development, operating in Eastern Transylvania (4 branch offices).

    LAM
    • Long-term loan.
    • Microfinance institution specialised in rural development, operating in Eastern Transylvania (4 branch offices).

    OMRO
    • Long-term subordinated loan.
    • Opportunity International network: Microfinance institution active all over Transylvania and the Banat region (7 branch offices).

    ROMCOM
    • Long-term loan.
    • Small microfinance institution operating in Western Transylvania (next to the Hungarian border) (4 branch offices)

    For those institutions, CoopEst investment will help to consolidate their credit portfolio development on their regional market with special focus on SMEs and MSEs. By doing so, CoopEst aims to become a privileged partner for local development. The objective is also to generate a leverage effect onto these financial institutions in terms of long-term funding to provide relevant answers to the specific needs of the SME and MSE final beneficiaries.