Financing Program for Women Entrepreneurs
ProCredit Bank offers a special financing program for women entrepreneurs.
The program is implemented in partnership with ProCredit Bank, the European Union, Sweden and the EBRD, aiming to provide comprehensive support for women entrepreneurs.
Financial Benefits
- Special loan conditions from ProCredit Bank: -0.5% compared to the standard rate.
- Disbursement fee with a 50% discount
- Collateral: Standard minus 20%
- Business service package at half the monthly tariff.
Non-Financial Benefits
Participants gain access to strategic training and workshops on topics such as:
- Leadership and Management
- Digital Transformation in Business
- Financial Management and more.
The average duration of the training sessions is 3–4 days.
Additionally, the program provides co-financing for consulting services in the following areas:
- Digitalization
- Development of inclusive and green economies
- Strategy formulation
- Marketing communication
- Organizational structure optimization
- Setting up key operational mechanisms to ensure efficient business performance.
Eligibility Criteria
To participate in the program, businesses must meet the following criteria:
- At least 50% of the board of directors must consist of women.
- The business must employ up to 250 employees, with an annual turnover of up to 50 million euros or capital of up to 43 million euros.
Financing Terms
- Loan duration: Up to 5 years
- Loan amount: Up to 2 million euros
- Currency: GEL/EUR/USD
This financing program operates under the Women in Business (WiB) fund initiative.