Fondi Besa (Albania)

BSTDB provided its third Micro-SME Facility to the Albanian Fondi BESA Sh.A for the amount of EUR 10 million. The three-year loan will contribute to the institutional development of Fondi BESA resulting in further business growth and improved liquidity and client service. In turn, this will promote job creation and income generation with a positive impact on poverty alleviation in Albania, a member country of BSTDB.

The new facility brings the total amount provided by BSTDB to Fondi BESA to EUR 21 million. The previous two successfully utilized facilities were provided in 2014 and 2016.

Fondi Besa Sh.A is a leading Albanian non-bank financial institution specialized in financing micro, small and medium sized enterprises (MSME). Clients of Fondi Besa include people from all socio-economic areas, including unemployed and start-up businesses. 

Established in 1994, Fondi Besa Sh.A is a market leader institution of Albanian microfinance and has consolidated its activity and presence through a network of 80 offices all over Albania. The company has more 33,000 active clients and with a loan portfolio of over 95 million EUR.  Its mission is to help the economic growth and poverty reduction in urban and semi-urban areas of Albania by promoting micro, small and medium enterprises through the creation of a private micro-financial Albanian fund which is self-sustainable. Clients of the Fund include people from all socio-economic layers, including unemployed and start-up businesses. Fondi BESA provides all kinds of lending, including consumer and mortgage loans. It has clear and ambitious plans to expand in the years to come with other financial products and services.