FONDI BESA JSC
Who is our client
Fondi Besa is the largest microfinance institution (MFI) in Albania supporting approximately 30,000 micro, small and medium businesses. It has a wide urban and semi-urban network of more than 70 branches throughout the country. The average loan size equals EUR 1,500. Its clients mainly operate in the service (37 percent) and trade sector (35 percent). Of its portfolio, 5 percent is provided as "youth"-loans, giving young people opportunities for self-employment.
By providing loans for productive purposes, Fondi Besa contributes to the economic development of the country.
Why we fund this project
By supporting Fondi Besa, FMO supports inclusive finance throughout Albania.
- Website client
- Europe & Central Asia
- Financial Institutions
- Signing date
- Total FMO financing
- EUR 5.00 MLN
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C)