EFSE teams up with Armenian Leasing Company to drive investments by MSMEs in Armenia

On 19 February, the European Fund for Southeast Europe (EFSE) announced a new partnership with the Armenian Leasing Company. EFSE is providing the company a €4 million loan facility to expand access to investment financing for micro, small, and medium-sized enterprises (MSMEs).

These financial resources are provided to invest in modernisation, stimulate growth and job creation, and support the development of the leasing sector in Armenia.

“Limited access to financing remains a key challenge for local MSMEs, particularly for long-term investments. By partnering with the Armenian Leasing Company, EFSE is helping to bridge this gap, equipping businesses with the financial solutions to scale in the increasingly competitive market,” EFSE said in a press release.

Jasminka Begert, Fund Director of EFSE at Finance in Motion, added that this new partnership would ensure that Armenian MSMEs, including agricultural producers and farmers, had access to the resources “they need to strengthen their operations and contribute to a more resilient economy”. 

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Press release