geo/montenegro

Location
42.872693259064, 19.22607421875

Montenegro

Submitted by tfang@ifc.org on
Country
Current Volume
535800768
Finance gap
619006323
Micro Women Gap
43728012
Micro Men Gap
575278311
MSME Women Gap
43728012
MSME Men Gap
575278311
Micro Gap ( Men and Women )
619006323

Triodos Investment Management provides EUR 5 million funding to Lovćen banka in Montenegro

Triodos Fair Share Fund and Triodos Microfinance Fund have provided a EUR 5 million debt facility to Lovćen banka in Montenegro, which largely targets small and family businesses.
 
Rosanna Sarkeyeva, Regional Manager for Eastern Europe, the Caucasus and Central Asia: “This transaction supports Lovćen banka’s strategy to increase its outreach to small-scale entrepreneurs and family businesses, especially those in rural areas. These businesses are strongly embedded in local communities and instrumental in Montenegro’s social and economic development. Among the bank’s ambitions is to increase its offering in agri-financing and renewables financing, and we would be happy to contribute our knowledge and network to make this happen.”

Paypal

Paypal’s open digital payments platform gives its more than over 270 million active account holders. better ways to manage and move money and offers flexibility when sending payments, paying or getting paid.

Country / Region
Member Since
Organization Type
Location
37.33874, -121.8852525
Contact Person Name
Usman Ahmed
Contact Person Title
Head of Public Policy
Contact Person Email
usahmed@paypal.com
City/Town location
San Jose, CA, USA
PipeDrive organization Id
234
Operation countries

FMO

FMO is the Dutch development bank, empowering entrepreneurs in emerging markets, focusing on underserved markets and key sectors for development.

Country / Region
Member Since
Location
52.0704978, 4.3006999
Contact Person Name
Jeroen Harteveld
Contact Person Title
Fund Manager MASSIF
Contact Person Email
j.harteveld@fmo.nl
City/Town location
Hague, Netherlands
PipeDrive organization Id
1426

Council of Europe Development Bank (CEB)

The Council of Europe Development Bank is an international financial institution with a social mandate. It finances public entities as well as MSMEs (via on lending through financial institutions).

Country / Region
Member Since
Location
48.856614, 2.3522219
Contact Person Name
Isabelle Brun
Contact Person Title
Technical Advisor
Contact Person Email
isabelle.brun@coebank.org
City/Town location
Paris, France
PipeDrive organization Id
589

British International Investment (ex CDC Group)

British International Investment (ex CDC Group) is UK’s development finance institution and wholly owned by the UK government. It supports businesses throughout Africa and South Asia.

Country / Region
Member Since
Location
51.5072178, -0.1275862
Contact Person Name
Wasim Tahir
Contact Person Title
Director, Mobilisation Strategy
Contact Person Email
wtahir@bii.co.uk
City/Town location
London, UK
PipeDrive organization Id
352

DFC - U.S. International Development Finance Corporation (Former OPIC)

OPIC is the DFC - U.S. Government’s development finance institution. It mobilizes private capital in emerging and frontier economies to address development challenges and advance US foreign policy objectives.

Country / Region
Member Since
Location
38.9071923, -77.0368707
Contact Person Name
James Polan
Contact Person Title
Vice President, Small and Medium Enterprise Finance
Contact Person Email
james.polan@opic.gov
City/Town location
Washington D.C., DC, USA
PipeDrive organization Id
185