New company targets rural entrepreneurs

The new company will offer micro-loans and consultancy services to both rural entrepreneurs and customers that lack access to traditional banking services, through 10 regional offices in 21 counties. “Our objective is to offer over EUR 15 million of financing especially to small businesses from rural Romanian areas, by the end of 2010,” said Sava Dalbokov, CEO of good.bee Holding Vienna. Agriculture, commerce, small-sized production and services are the domains that meet the company's financing requirements. The maximum level of lending is about EUR 50,000 for a period of five years, depending on the details of the financed activity and the customer's track record. Anda Dragan