European Investment Fund
In 2011 Microfinance institution JOBS contracted with the European Investment Fund a credit line of EUR 6 Mil, in support of micro-companies with difficult access to funding. Financing was provided within the European Progress Microfinance Facility.
The conclusion of a Guarantee Agreement on 03.07.2013 between the BDB Microfinancing and the EIF facilitates the access of micro-enterprises to funding. The backed microfinance facility benefits from a guarantee issued under the European Progress Microfinance Facility, established by the European Union.