Europe Development Bank

The Council of Europe Development Bank (CEB) and REDI Economic Development S.A. signed a €5 million loan to support Roma-owned microenterprises in Albania, Kosovo, Moldova, and Romania with affordable credit access.

The loan aims to unlock over €8 million in microloans, supporting over 1,000 businesses and creating or maintaining over 2,000 jobs, with a focus on women entrepreneurs and Roma communities.

This is the second loan from CEB to REDI Fund, following a previous €3 million loan in 2021, which has already supported around 460 beneficiaries, including 300 Roma entrepreneurs.

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