Support to MSMEs in Montenegro - 2
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Approval date
27 January 2023
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Borrower
Investment and Development Fund of Montenegro
- Country
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Loan size
€ 30 000 000
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Line of action
Supporting Jobs and Economic and Financial Inclusion
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Status
In progress
The aim of the Programme loan is to partially finance productive investments and working capital needs, supporting both direct and indirect lending operations of the Borrower to enhance access to finance for MSMEs in Montenegro.
Final beneficiaries: MSMEs in the most underserved municipalities, particularly in the North of the country, and vulnerable groups such as women- and youth-led businesses and individual farmers.