About the programme
Financing from the European Fund for Southeast Europe (EFSE) through the Ukrainian Sub-Fund (USF) provides support to MSMEs, covering business needs during periods of instability. The programme offers grants of up to EUR 100,000 (up to 25% of the loan amount) for farmers and enterprises affected by the war or involved in recovery efforts, helping to strengthen the resilience and development of Ukrainian businesses.
Programme details
Loan amount
Up to EUR 500,000 — for working capital replenishment and the purchase of fixed assets
Up to EUR 1,000,000 — for the purchase of fixed assets with a term starting from 3 years
Currency
UAH, EUR, USD
Purposes and term
Working capital — up to 60 months
Fixed assets — up to 120 months
Repayment schedule
Annuity
Adapted to the seasonality of the business
Limits
Financing cannot be provided for manufacture of weapons, military ammunition, dual-use products and any purposes and activities listed in the Exclusion List
Possibility of combining with the “Affordable Loans 5–7–9%” programme
Programme partners
Finance in Motion
Finance in Motion structures, manages, and advises on the management of nearly €4 billion across nine funds, all of which are classified as Article 9 (under the SFDR). These private market funds aim to achieve a positive impact on people and the planet through regional financial intermediaries, direct investments, advisory services, and capacity building.
Founded in Germany, the company has local expertise from Latin America to Central and Eastern Europe and has been investing in emerging markets for over 15 years.
EFSE
The European Fund for Southeast Europe (EFSE) is an impact investment fund established in 2005 to promote economic development and improve welfare in Southeast Europe and the EU's Eastern Neighbourhood.
EFSE was initiated by KfW Development Bank with financial support from the German Federal Ministry for Economic Cooperation and Development (BMZ) and the European Commission. The fund is the first public-private partnership of its kind, with capital provided by donor agencies, international financial institutions, and institutional investors.
The fund is managed by Finance in Motion and Hauck & Aufhäuser Fund Services S.A., Luxembourg.
