Kreditfondide

Kreditfondide is a type of investment fund in Ukraine that was established by the government to provide financial support to small and medium-sized enterprises (SMEs). The funds were created in 2010 as part of the country's strategy to promote economic growth and reduce poverty. Kreditfondide has a total of six funds, each of which is specialized in providing financial support to SMEs in different sectors, such as manufacturing, services, and agriculture.

Each Kreditfondide fund is managed by a separate team of professionals who are responsible for selecting and supporting SMEs that demonstrate high growth potential. The selection process involves a rigorous assessment of the company's financials, business plan, and management team. The funds provide financing to SMEs in the form of loans and grants, which can be used for various business purposes, such as expansion, modernization, and working capital.

Kreditfondide's main goals are to increase the competitiveness of SMEs in Ukraine, promote innovation and entrepreneurship, and create jobs in various sectors of the economy. To date, the funds have provided financial support to over 1,000 SMEs, which has helped to increase their revenue by an average of 20%. Kreditfondide has also played a significant role in promoting economic growth in Ukraine, which experienced a recession in 2014-2015 following the annexation of Crimea by Russia.

In summary, Kreditfondide is a government-backed investment fund in Ukraine that provides financial support to SMEs, which helps to promote economic growth and entrepreneurship in the country. The funds have been successful in supporting the development of various sectors of the economy and have played a significant role in promoting innovation and job creation in Ukraine.