Financing Institutions

Currently, our most important partners are our financers:


European Bank for Reconstruction and Development (“EBRD”)
EBRD supported the micro-financing industry from Romania by granting financing facilities which were used by beneficiaries to grant microcredits and provide technical assistance. Patria Credit is one of the beneficiaries of such a financing facility, receiving support within certain technical assistance programs which allow for the development of one’s own micro-financing business.
 
Developing World Markets (“DWM”)
DWM is a financial institution having as its purpose the provision of financing to emerging markets. The financing provided by DWM supported the development of patria Credit’s microlending business.
 
European Investment Fund ("EIF")
Patria Credit IFN SA and European Investment Fund (EIF) entered into a financing agreement within European Progress Microfinance Facility, our institution being the first financial institution from Romania to benefit from this facility, which is exclusively designed for financing microenterprises and agricultural producers.

Mentioning The financing sources are obtained under the financing program of the European Union, “European Progress Microfinance Facility” :
www.ec.europa.eu/epmf
www.eif.org/progress


Eligibility conditions for the final beneficiaries of the financing under the financing program of the European Union "European Progress Microfinance Facility”



European Fund for Southeast Europe (“EFSE”)
EFSE is an investment fund that supports the development of public-private partnerships, having the role to drive the growth of the microfinancing industry. Together with other players on the local market, Patria Credit benefited in the last 4 years from financing and technical assistance from EFSE.

OIKO Credit
OIKO Credit has been a creditor of Patria Credit for more than 4 years. OIKO has also been a reliable partner that supported the development of the microfinancing business of Patria Credit.

Overseas Private Investment Corporation (“OPIC”)
The Overseas Private Investment Corporation (OPIC) is an agency subordinated to the US Government, which supports the investments made by USA in the emerging markets throughout the world. The agency is providing medium and long-term financing by means of direct loans and loan collaterals. The financing provided by OPIC supported the growth of the microlending business of our institution.