EFSE
The European Fund for Southeast Europe (EFSE) aims to foster economic development and prosperity in the Southeast Europe region, including the European Eastern Neighbourhood Region, through the sustainable provision of additional development finance. The Fund offers long-term funding instruments to qualified partner lending institutions to better serve the financing needs of micro and small enterprises and low-income private households.
The Fund wishes to generate impact at three different levels:
- Supporting micro and small enterprises as the backbone of the local economies, therewith contributing to income generation and employment creation,
- Satisfying the basic need of decent shelter, and
- Strengthening local financial markets.
Initiated by KfW Development Bank (KfW) in 2005, the EFSE is the first public-private partnership of its kind and the first privately managed fund in development finance to leverage private funding for MSE finance in the target region. Capital is provided by donor agencies, international financial institutions and private institutional investors, including the German Federal Ministry for Economic Cooperation and Development (BMZ) and the European Commission (EC).
For more information about EFSE, please visit:
www.efse.lu
It was very interesting to participate in the conference and share the experience with colleagues. Very good level of organization!
Head of Private Health Insurance Development Centre, Rosgosstrakh, Russia
It was extremely informative and the presentations were well done. The speakers were very conversant with the topics.
Head of Medical Underwriting, Noor Takaful, UAE