16 July 2024

In the first half of 2024, the Foundation decided to intervene for the first time in Albania to support the Albanian-based microfinance institution Noa.

The Foundation has granted Noa its first financing, for an amount equivalent to 2 million euros over a three-year period, thus helping to stimulate economic and social development in Albania.

Noa was established in 1998, and its mission is to provide comprehensive financial and non-financial services to Albanian entrepreneurs, farmers and households.