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European Investment Bank — Press releases·DO·

Dominican Republic: EIB and ADOPEM announce €15 million to support entrepreneurs and turn sargassum into job opportunities

The European Investment Bank Group (EIB Group) and Banco de Ahorro y Crédito ADOPEM (ADOPEM), a Dominican financial institution serving entrepreneurs and small businesses, are joining forces to improve access to finance for small businesses with fewer than 10 employees that often face constraints in accessing credit. At least half of the €15 million financing package for ADOPEM, announced during the Ibero-American Summit in Madrid, will support women entrepreneurs, helping to strengthen their economic empowerment and financial inclusion.

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