Success stories

Ilie Tricolici has invested to expand his livestock business
“Things change and you have to adapt. When you are lucky enough to build your life around your business and your business around your life, you want to choose the right partner for financial matters,” says livestock farmer Ilie Tricolici, who managed to grow his business by borrowing from Microinvest – a micro-finance organisation with funds from the European Fund for South East Europe (EFSE) and...
Ioseb Tsotsolashvili and his team
“The ability to access credit is something you first have to earn. At least that’s how I see it. You want to have everything in place first, like your business, your people, and a good reputation," says Ioseb Tsotsolashvili who has managed to grow his business with support made available under the European Fund for South East Europe (EFSE), and EU4Business . “I can’t help but smile when people...
Bakhtiyar Meyvaddin Novruzbeyov
"It took me a while to realise that knowledge is indeed power. Like the knowledge that working with a bank is the best way to transform a fragile idea into a solid business," says Bakhtiyar Meyvaddin Novruzbeyov, who set up his grocery store with the help of Access Bank in Azerbaijan, the European Fund for South East Europe (EFSE), and EU4Business . “Just over ten years ago, I found myself...
Fuad Mammadali Aliyev
“For a long time, going into business on my own seemed like an impossible dream, but sometimes you get lucky and you find someone who shares the dream with you and helps to make it come true.” That’s how it all began for Fuad Mammadali Aliyev, with the help of Access Bank, the European Fund for South East Europe (EFSE), and EU4Business . Just over fifteen years ago Aliyev gave up his job as a...
Vice President of Volyn Chamber of Commerce and Industry in Ukraine receives valuable week-long training on membership services from Seville Chamber of Commerce in Spain. The East Invest 2 BSO Exchange Programme empowers Small and Medium Sized Enterprises (SMEs), associations and related BSOs (such as Chambers of Commerce) in Eastern Partnership countries by matching them with experienced...
Rizvan Garayev
“When they left the business to me, I don’t think my parents ever imagined that their little café would ever change. [...] however, they planted the seed of entrepreneurship in me. And some good common sense to find the right (financial) partner,” says Rizvan Garayev, who transformed the café he in herited in Baku into a chain of bakeries and restaurants, with the help of Access Bank, the...
LTE training
EU4Business helps DCFTA Information Centre provide Georgian SMEs with knowledge of EU market requirements Later this month, the EU4Business project “SME Development and DCFTA in Georgia” will mark one year since the signing of a Memorandum of Understanding (MoU) with the Georgian Chamber of Commerce and Industry (GCCI). The MoU laid the groundwork for cooperation on development of the Chamber’s...
Serxan Dadasov Serdar
“It’s one thing to see a market for something and quite another to figure out how you are going to satisfy it. And still another to make the whole thing happen. Once you’ve got the first two taken care of, leave it to Access Bank to find a solution," says Serxan Dadasov Serdar, whose retail clothing business benefitted from support made available under the European Fund for South East Europe (...
With the help of EU4Business and the European Bank for Reconstruction and Development (EBRD), the company representing AVIS car rentals in Georgia has turned around its business, transforming its web presence and more than doubling sales. AVIS was the first company to rent cars at airport locations, back in 1946 in Detroit. Today, visitors arriving at Tbilisi, Batumi and Kutaisi international...
Agroland, a small processing factory in western Georgia, plays an important role in promoting locally grown agricultural products. The family-run business brings aromatic bay leaves from beautiful Georgian villages with sometimes hard-to-pronounce names to the kitchens of European and global consumers. “Our suppliers are mainly farmers from neighbouring villages,” says the owner, Aleksandre...