EFSE Finance in Motion – Guest speaker Linda Shomo

On September 19, EFSE Finance in Motion took place in Belgrade, where EasyPay was selected with the representation of Ms. Linda Shomo, CEO & Founder as part of one of the panel discussions.

The European Fund for Southeast Europe provides sustainable funding to micro and small enterprises, helping them to grow, generate additional income, and create employment, as well as to low-income families, assisting them in the improvement of their housing conditions.

EFSE Meeting 2019 gathers international financiers to support small businesses in Southeast Europe, Eastern Neighbourhood Region.

Nearly 300 representatives of international and regional financial institutions, investors, central banks, and major European donors have gathered in Belgrade, Serbia, today for the biennial conference of the European Fund for Southeast Europe (EFSE). Under the banner of “Cultivating Entrepreneurship”, the EFSE Meeting 2019 addresses how the financial ecosystem can advance and innovate to close gaps in financial inclusion and expand access to crucial resources for micro and small enterprises.

                                                         

The conference seeks to present and exchange concrete solutions for the challenges faced by this key sector of the economy in Southeast Europe and the European Eastern Neighbourhood Region. Panellists from banks and microfinance providers will share best practices for offering responsible financing suited to the needs of entrepreneurs looking to scale their businesses, and discuss the alternative financial and non-financial solutions driving innovation in the market.

Joining the gathering of fund investors, sector regulators, financial service providers, and business support organizations are entrepreneurs themselves financed by EFSE’s partners. Their participation in panels and discussions aims to provide direct insights into the needs of local businesses for development that creates employment opportunities and income generation.

More about EFSE:

An impact investment fund established in 2005, the European Fund for Southeast Europe (EFSE) aims to foster economic development and prosperity in Southeast Europe and the Eastern Neighbourhood Region by investing in the success of micro and small enterprises as well as improved living conditions for private households. As access to financial services is key to developing this segment, EFSE focuses on helping local financial sectors strengthen their ability to provide responsible financing for this target group. Alongside its investment activities through local partners, EFSE multiplies its impact through the EFSE Development Facility, which provides technical assistance, training, and other nonfinancial support to entrepreneurs and institutions.

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