EUR 5 million credit line for on-lending to micro and small enterprises in rural areas

The European Fund for Southeast Europe (EFSE) and Opportunity Banka are expanding their partnership with a new credit line of EUR 5 million that the EFSE provided to improve the access to funds for micro and small enterprises and low-income households in rural areas in Serbia.
Opportunity Banka is a specialized microfinance bank in Serbia that strongly supports the funding of small agricultural manufacturers and micro and small enterprises which have a limited access to funding. This additional loan will particularly ensure support to small agricultural holdings and low-income households in rural areas.

President of the Executive Board of Opportunity Banka, Vladimir Vukotic, has underlined that the EFSE, a long-time partner of Opportunity Banka in the provision of key support, makes it possible for the bank to find clients having a difficult access to financial services, such as low-income households in underdeveloped areas of Serbia.

EFSE European Fund for Southeast Europe Luxembourg

European Fund for Southeast Europe

EFSE

Opportunity banka

Monika Beck

Vladimir Vukotic

loan

micro enterprises

small enterprises

microfinance

sources of finance

agricultural holdings

low income households in rural areas