Media Contact Finance in Motion GmbH Nusha Westhoff, Director Marketing & Communications Carl-von-Noorden-Platz 5 60596 Frankfurt am Main Tel. +49 (0)69 271 035 0 E-Mail: info@finance-in-motion.com www.finance-in-motion.com Media contact Calvert Impact Leigh Moran Director, Strategy Email: lmoran@calvertimpact.org
Since inception, the Debt-Sub Fund has outperformed its returns target and experienced cumulated losses of less than 0.01%. The Equity Sub-Funds are on track to deliver their projected internal rate of return (IRR). Each of our debt and equity sub-funds has its own shareholders, operates independently, and maintains separate financial records. For instance, an investment in the Debt Sub-Fund is unaffected by any potential losses or profits incurred by the Equity Sub-Funds and vice versa.
Southeast Europe and the Caucasus have delivered encouraging economic growth in 2024. Yet the region continues to face deep-rooted socio-economic challenges, such as the slowing pace of poverty reduction and lingering gender inequalities. Many factors have contributed to a difficult operating environment for businesses in the region. These include persistent inflation, disrupted supply chains, weakened EU and global demand, labour shortages, and shifts in global trade policy. The war in Ukraine continued to cast a shadow across the region in 2024, with few signs of that changing in 2025. Geopolitical and economic risks remain elevated.
Filip Ilić owns a large vegetable farm in Petrovo Selo, within the Municipality of Gradiška, a Northern region known for its fertile soils. He cultivates vegetables, including bell peppers and onions, in both open fields and approximately 80 greenhouses, and sells his produce to regional markets and food retailers. The effects of climate change have inpacted the farm in recent years, including rising temperatures, and more irregular and intensified rainfall. This has stunted crop growth, decreased yields and damaged aging farming infrastructure. With his loan from Mikrofin, made possible by EFSE’s investment, Filip upgraded his greenhouses, replacing old, single-layer plastic covers with high-quality materials to improve insulation and structural durability. This enhanced resilience against adverse weather conditions, increasing production and extending crop cycles for greater profits. He also implemented new, smart technologies to monitor key environmental factors - like temperature and humidity - in the greenhouses. This increased crop yields and reduced resource waste. In the coming years, Filip plans to increase sustainable production and establish modern storage facilities to better store produce and improve sales further.
Media contact Nusha Westhoff Marketing & Communications Phone: +49 69 271 035-789 Email: n.westhoff@finance-in-motion.com
The funds, sub-funds and securities described herein (or in any other linked or related website) are not being offered for sale to the public in the United States of America or in any other jurisdiction in which a public offer would be prohibited by applicable law. To the extent funds, sub-funds and securities described herein (or in any other linked or related website) are being offered in these jurisdictions (some of the funds, sub-funds and securities may not be offered in certain jurisdictions), they will only be offered by private placement to a limited number of qualified institutional investors in accordance with the applicable laws and regulations in these jurisdictions. Offers will only be made pursuant to a private placement memorandum approved by the funds. Institutional investors in these jurisdictions that wish to learn more about the funds, sub-funds and securities should contact the persons listed below for further inquiry.
Special notice as regards the European Fund for Southeast Europe, the Green for Growth Fund and the Latin American Green Bond Fund: In respect of the United States of America, Canada, Japan or Australia or any other jurisdiction in which the distribution, offer, sale, transfer or resale would be prohibited by applicable law, no investment in notes/shares or other instruments of these funds (or their respective sub-fund(s)) can be offered or made.
All funds are managed or advised (as the case may be) by Finance in Motion Asset Management S.à r.l., a Luxembourg-based Alternative Investment Fund Manager directly supervised by the Luxembourg regulator, the Commission de Surveillance du Secteur Financier (CSSF).