AFD Credit Line for Supporting Women's Entrepreneurship

Objective of the loan:

Funds from loans are approved for supporting women's entrepreneurship.


Purpose of the loan:

Improving access to finance for domestic companies owned and/or managed by women (through intermediary banks). Up to 30% of the loan amount can be used for working capital.


Sources of funds:

French Development Agency (AFD) in the amount of EUR 50 million.


Eligible beneficiaries:

Potential beneficiaries may be domestic companies that have:
 

  1. no more than 250 permanent employees, and,
  2. either an annual turnover not exceeding EUR 50 million, or
    an annual balance sheet not exceeding EUR 43 million.


Terms and conditions of the loan:


Single loan amount for the final borrower:
Projects to support women's entrepreneurship:
  • minimum EUR 5,000,
  • maximum up to EUR 350,000

*up to 30% of the loan amount can be used for working capital.
Repayment period:
Maximum up to 15 years.
Grace period included:
Up to 3 years.
Interest rate for the borrowers:

Up to 3.5% annual, fixed.
Mandatory criteria for the borrowers
1. Еntrepreneurship
  • Women in the ownership structure - minimum 51%
 
and/or
 
2. Мanagement
  • Women in company management – minimum 30%, or
  • Women in the management board of the company – minimum 30%
Bans and exclusions:

According to the lists of DBNM, EU, USA and France.

Required documents:

  • According to the credit policies and procedures of the intermediary banks.

CALCULATOR

Lending and Commission Work Division Contact:

Tel. 02/3115-844, 02/3114-840 ext. 121, 124, 127.


Intermediary banks where a request can be submitted:

KOMERCIJALNA BANKA AD SKOPJE

Credit Depart.: 02/3168-504
Operator: 02/3168-168
contact@kb.com.mk
https://kb.com.mk

UNI BANK AD SKOPJE

Credit Depart.: 02/3286-025
Operator: 02/3286-100
info@unibank.com.mk
https://www.unibank.mk

HALKBANK AD SKOPJE

Credit Depart.: 02/3240-844
Operator: 02/3240-800
info@halkbank.mk
https://www.halkbank.mk

PROCREDIT BANK AD SKOPJE

Credit Depart.: 02/3219-927
Operator: 02/3219-900
info@procreditbank.com.mk
https://www.pcb.mk

SPARKASSE BANK AD SKOPJE

Credit Depart.: 02/3200-520
Operator: 02/3200-576
contact@sparkasse.com.mk
https://sparkasse.mk

STOPANSKA BANKA AD SKOPJE

Credit Depart.: 02/3295-524
Operator: 02/3295-295
kontaktcentar@stb.com.mk
https://www.stb.com.mk