Summary
BDB Microfinancing was created in 2011 as a part of the Group of The Bulgarian Development Bank. Its main purpose is to facilitate the access to financing of the micro- and small businesses, agricultural producers, freelancers, craftsmen and others who develop or start new business on the territory of the country. Through BDB Microfinancing using effective models and practices in the area of microfinance we create conditions for successful development of the micro business.
The main purpose is a long term providing of financial services to the micro- and small enterprises.
In this way BDB Microfinancing :
- improves their access to financial services;
- contributes to the creating and retaining of workplaces;
- reduces their “exclusion” from the market of financial services;
- helps the target groups to develop their own business ideas.