CoopEst is a privileged partner for local development.
Small and Medium Enterprises in Central and Eastern Europe lack long-term financing, or face inappropriate banking offers. This is even more striking for social enterprises such as cooperatives, mutual societies, or economic initiatives promoted by associations and foundations.
Hence CoopEst has been created in 2006 by European key players of social finance in Europe, together with the International Finance Corporation and the European Investment Fund, to promote both social and economic development in Central and Eastern Europe.
As a provider of medium- and long-term, and subordinated loans, qualifying as quasi-equity, CoopEst is a professional, innovative and committed long-term financial partner.
In 2018 CoopEst has contributed to support/maintain 42,235 jobs and to create 4070 new business.