coopest

Target Group:
COOPEST intends to intervene through local financial intermediaries in the respective countries. Therefore, the target groups are established financial institutions in Central and Eastern Europe with a direct link to or an interest in the Social Economy sector and/or socially responsible business (eligible institutions could be cooperative or commercial banks, credit unions, micro finance institutions).

Investment Type:
Investment in long-term debt and guarantees : Global Loans, Subordinated Loans, Subscriptions to Bond Issues; Co-investments (Syndicated Loans); Interventions in providing Guarantees are also possible so as to help final Beneficiaries to get better access to local and international (especially European) Loan Bank financing.

Eligible projects:
The main criteria for the involvement of CoopEst is to support socially responsible initiatives in the target countries. Eligible Social Economy projects may include a wide range of economic activities. Some Examples could be agricultural co-operatives, social housing or housing co-operatives, energy equipment/renewable alternative energies, organic agriculture, production/commercialisation of handicraft small-scale industries; small business development, especially among unemployed or disadvantaged groups etc

coopest_en