Sparkassenstiftung: Current Projects

Promotion of rural finance for sustainable MSE development in the South Caucasus and Ukraine

The aim of the BMZ funded project “Promotion of rural finance for sustainable MSE development in the South Caucasus and Ukraine” is to improve the resilience of entrepreneurs and individuals in rural areas.

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With new projects in Armenia and Azerbaijan, German Sparkassenstiftung is expanding its portfolio on “Green Finance”

Appropriate financial planning, budget management and appropriate investment strategies are essential for households in crisis situations, especially in rural areas. The COVID-19 pandemic has a particularly detrimental impact on people who are already marginalized in such regions. Therefore, German Sparkassenstiftung (DSIK) is launching green finance projects in Armenia and Azerbaijan - parallel to the ECOServe regional project.

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