startupcafe.ro/roman-5-milioane-euro-antreprenori-

The Council of Europe Development Bank has signed a €5 million loan with REDI Fund to provide microcredits for Roma entrepreneurs and businesses employing Roma in Romania, Moldova, Albania, and Kosovo. This funding aims to unlock over €8 million in microcredits by 2028, supporting more than 1,000 businesses and creating or maintaining over 2,000 jobs. At least 40% of the loan will benefit Roma-owned enterprises, while 30% of microloans will target women entrepreneurs facing gender and ethnic barriers. This is the second loan from CEB to REDI Fund, following a €3 million loan in 2021, aimed at enhancing financial inclusion and social cohesion.