Fif Youth Business Tender

Project ID: 57599
Status: In Exploratory, Pending Final Review
Location: Montenegro
Industry Sector: Financial Institutions
Notice Type: Private
Environmental Category: FI
Approval Date: 15 Sep 2026
Disclosure date: 14 Sep 2026
Project Description
The project involves the provision of a senior unsecured loan of up to €1 million in favour of Alter Modus in Montenegro, in a single tranche, to be used for on-lending to eligible micro, small and medium-sized enterprises under the Western Balkans Youth in Business Programme (WB YiB Programme).

Project Objectives
The loan proceeds will be used for on-lending to eligible MSMEs whose overall operational management responsibility or majority ownership is held by a person (or persons) under the age of 35 (Youth MSMEs) in Montenegro.