FED Invest
FED Invest is the first pioneering microfinance institution established in Albania as a spin-off of a pilot World Bank initiative in 1992. FED Invest represents a financial cooperative organization with more than 75 thousand members served through 60 branches across the country. FED Invest members include farmers, small entrepreneurs, and rural and urban families which are otherwise excluded from financial services. As a leader in providing affordable financial solutions to rural populations, FED Invest has a direct impact on the socio-economic development of Albania, with over 160 thousand loans and half a billion euros injected in the economy throughout its 28 years of existence. The member-centricity principle has been deeply engrained in the DNA of FED Invest. Throughout transformations over a 28-year span, FED Invest has always remained true and loyal to its members and especially farmers at a time when commercial banks and other MFI doors were closed. Because of its strong grassroots in local communities, its staff goes far beyond the ordinary in terms of delivering strong commitment and tangible financial and social impact to its members in rural areas. Unlike any other financial organisations, FED Invest has provided relief to its members stricken by natural disasters such as floods, draughts, and the recent earthquakes. Ever since inception, membership remains fundamental to FED Invest and together they only grow wiser. FED Invest has set ambitious objectives to become the leading agribusiness financial provider in the rural and peri-urban areas. FED Invest shall always be a social financier, with members being the cornerstone, providing exceptional service while boosting membership satisfaction and loyalty.
About FED Invest
Founded
1992Estimated Revenue
$1M-$10MEmployees
251-1KCategory
Industry
Financial ServicesLocation
Country
AlbaniaFED Invest
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