The MEDF’s vision is poverty and unemployment reduction and the fostering of social cohesion. The MEDF’s mission supports the development of small enterprises. The target group of MEDF is the small enterprises, comprising, according to the number of employees, micro enterprises (up to 10 employees), small enterprises (up to 50 employees) and medium-sized enterprises (up to 250 employees). The MEDF acts on the territory of FYR of Macedonia with a special focus on regions outside Skopje and rural areas. The MEDF will also act outside of the country in order to transfer its long-term experiences.

The long-term goals of MEDF are:

• Improved access to financial services;
• Promotion of entrepreneurship;
• Innovations are mainstreamed;
• Partnerships are developed; and
• Institutional and organizational development of MEDF is secured.

The expected results with the MEDF’s Business Plan 2007-2011, according to which the planned activities are divided, are the following:
• Developed affordable financial services;
• Improved capacity for development of financial institutions;
• Improved capacity for promotion of entrepreneurship;
• Mobilized funds for financing the activities of MEDF;
• Internal improvements of MEDF.

Contact Person:
Gligor Mihailovski, Project manager
E-mail: gmh@mrfp.org.mk

Further contact details are provided below.