Agroprosperis Bank, in partnership with the European Fund for Southeast Europe (EFSE) co-managed by Finance in Motion, has launched a grant initiative to support micro, small and medium-sized enterprises (MSMEs) in Ukraine.
The program combines loan financing provided by Agroprosperis Bank with non-repayable grant support funded by EFSE. The initiative is designed to support businesses operating under wartime conditions that require additional resources to invest, adapt to evolving challenges, maintain operations, and strengthen their resilience and competitiveness.
Given Agroprosperis Bank’s specialization in financing MSMEs, the program is expected to reach numerous agricultural producers and entrepreneurs across different regions of Ukraine, particularly smaller companies with limited resources for which access to capital is critical to maintaining business continuity and supporting future growth.
Grant program terms
The program focuses on key areas of recovery and sustainable development of Ukraine’s economy:
- adaptation of agricultural businesses;
- recovery of enterprises most affected by war;
- investments in critical recovery.
The grant amount may reach up to 20% of the loan amount, depending on the financing purpose, capped at EUR 20,000. Businesses located in the regions most affected by the war, as well as companies led by representatives of vulnerable population groups, may qualify for additional grant support of up to 5%.
More information about the program terms and application process is available on the Bank’s website in the Business grants from EFSE section.
Strategic partnership between Agroprosperis Bank and EFSE
Agroprosperis Bank and the European Fund for Southeast Europe have been partnering since 2019, increasing access to long-term financing in Ukrainian Hryvnia for micro, small, and medium-sized agricultural producers across the country.
Commenting on the launch of the new program, Serhii Shchepanskyi, Chairman of the Management Board of Agroprosperis Bank, emphasized that combining loan financing with a grant component significantly enhances support for MSMEs: “This mechanism effectively reduces the financial burden on businesses, creating a more resilient environment for their recovery, adaptation, and growth. In today’s reality, this instrument enables entrepreneurs not only to sustain their operations but also to plan for the future with greater confidence.”
Oxana Binzaru, Regional Director at Finance in Motion, co-manager of EFSE, said: "Agriculture remains vital to Ukraine’s economic stability, food security and the recovery effort. Through our partnership with Agroprosperis Bank, EFSE is expanding access to the financial resources that businesses need to navigate uncertainty, invest in their operations, and remain productive under exceptionally difficult circumstances. By helping these enterprises today, we are investing in Ukraine’s recovery and economic renewal for years to come."
With EFSE’s support, the Bank has also expanded its remote banking capabilities, making access to banking services more convenient and efficient for clients. This initiative was recognized with an industry award in the Digitalization category.
About Agroprosperis Bank
Agroprosperis Bank specializes in financing micro, small, and medium-sized businesses in Ukraine, with a particular focus on the agricultural sector. For 11 years, the Bank has been providing entrepreneurs with access to financing through tailored solutions based on deep sector expertise and the principles of responsible lending.
Agroprosperis Bank is a wholly foreign-owned bank. Its investor, NCH Capital Inc. (USA), is an international investment fund group that has raised approximately USD 6 billion from U.S. and European investors since 1993 and has invested more than USD 1.5 billion in agribusiness projects across Eastern Europe.
About EFSE
The European Fund for Southeast Europe is an impact investment fund to drive economic development and prosperity in Southeast Europe and the Caucasus. Through its two sub-funds—the Regional Sub-Fund (RSF) and the Ukraine Sub-Fund (USF)—EFSE provides tailored financial solutions to foster entrepreneurship, strengthen financial inclusion, and support local economies. EFSE was initiated in 2005 by KfW Development Bank with the financial support of the German Federal Ministry for Economic Cooperation and Development (BMZ) and the European Commission. As the first public-private partnership of its kind, EFSE draws its capital from donor agencies, international financial institutions, and private institutional investors. Finance in Motion GmbH, Germany, serves as EFSE’s Portfolio Manager and Hauck & Aufhäuser Fund Services S.A., Luxembourg, acts as manager.
For more information on the European Fund for Southeast Europe, please visit: www.efse.lu
About Finance in Motion
Finance in Motion structures, manages, and advises almost €4 billion across 10 funds, all classified as SFDR Article 9. These private market funds drive impact for people and planet through regional financial intermediaries, direct investments, advisory and capacity building. Founded in Germany, with local expertise from Latin America to Eastern Europe, it has been investing in emerging markets for over 20 years.
For more information, please visit: www.finance-in-motion-com
