Patria Credit MFI - Support to rural micro and small enterprises
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Approval date
29 September 2023
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Borrower
Patria Credit IFN S.A.
- Country
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Loan size
€ 10 000 000
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Line of action
Supporting Jobs and Economic and Financial Inclusion
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Status
In progress
This Programme loan* aims at partially financing the Borrower’s lending activities directed at supporting micro-entrepreneurs, small agro-producers and rural businesses in Romania. Approximately 25% of the loan will be allocated to women-owned businesses.
Final beneficiaries: micro-entrepreneurs, in particular small agro-producers, rural businesses and women entrepreneurs.
This operation benefits from support from the European Union under the InvestEU Fund, as part of CEB SISW Debt Financial Product supporting the "Microfinance, ethical, social enterprise finance and social economy" InvestEU policy area.
* Approved under InvestEU Framework Operation for Microfinance and Social Economy Finance.
Borrower's address: Șoseaua Pipera nr. 42, București 077190, Romania