European Fund for 

   Southeast Europe

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Invest in inclusive growth

Financing businesses that support economic development across Southeast Europe and the Caucasus.

Total Assets: €1.7B (as of Q2 2026)
Investment Theme: MSME Financing
Regions: Southeast and Eastern Europe and the Caucasus
Investment Structure: Private Debt + Blended Finance

1.4M*

Number of sub-loans facilitated to businesses and households

2.9M*

Indirect jobs supported

34%*

Share of female end-borrowers

Figures as of Q4 2025 | *modelled by Finance in Motion based on primary reporting / 3rd-party data

Delivering for investors 

We provide diversified access to high-growth markets

Southeast Europe and the Caucasus combine high-growth dynamics with EU integration momentum.

But local capital markets are underdeveloped and do not offer opportunities for diversified exposure.

We provide access through local financial institutions. Certain fund structures include first- and second-loss protection mechanisms.

Greenhouse-Kristo Allkanji in Albania

Delivering for local markets

We finance growing MSMEs through local financial institutions

These businesses are critical to their economies – growth, jobs and living standards rely on their success.

But they struggle to obtain financing, which stops them from scaling, innovating and transforming their operations.

Through local financial institutions, we provide financing, advisory support and capacity building intended to support competitiveness, sustainability and financial inclusion.
                                                     

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Established local presence

16 Active countries 
91 Active partner lending institutions across the region
771 Advisory & capacity building projects managed
 

As of Q4 2025

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Sustainability-related disclosures

The European Fund for Southeast Europe pursues a sustainable investment objective in line with Article 9 of the SFDR.  

For more information and sustainability disclosures, see below: