European Fund For Southeast Europe (EFSE)
- To support beneficiary countries in their progress towards a market economy, in particular through the creation of a competitive sector.
Georgia-54% (€145.1 million)
Armenia-22% (€58.4 million)
Ukraine-11 % (€30.8 million)
Belarus-7% (€20.0 million)
Azerbaijan-4% (€9.8 million)
Moldova -2% (€6.9 million)
The majority of EFSE loans have been extended to commercial banks, followed by microfinance banks and microcredit organisations. By June 2017, the EFSE had disbursed a total amount of €1,727.6 million to 168,330 end-borrowers in the Eastern Partner countries.