The loan is part of a €130 million operation led by the Dutch entrepreneurial development bank FMO, and supports access to credit for Turkish micro, small and medium-sized enterprises to promote youth, female and rural entrepreneurship in the country
The initiative also aims to support the energy transition and the adoption of high-efficiency technologies in key sectors
Facilitating access to credit for micro, small and medium-sized enterprises in rural Turkey, supporting youth and female entrepreneurship, promoting the energy transition and encouraging the adoption of high-efficiency technologies in the agricultural and textile sectors. These are the goals of the 30 million euro loan from Cassa Depositi e Prestiti (CDP) granted to QNB Finansal Kiralama A.Ş. (QNB Leasing), one of the leading financial lease companies in Turkey. The loan is part of a 130 million euro operation led by Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), the Dutch entrepreneurial development bank, and also involved a diverse group of leading impact investors, including BlueOrchard and ResponsAbility.
With a five-year term, 64% of the loan will be allocated to lease operations for rural microenterprises and those led by women or youth, while the remaining 36% will support green projects, particularly the purchase of high energy-efficiency machinery.
The initiative aims to strengthen the agri-food and textile supply chains by promoting access to credit and encouraging technological upgrades. In Turkey, micro, small and medium-sized enterprises account for 99.7% of all businesses and 71% of the workforce, but only contribute 40% to value added and exports. Moreover, between 2019 and 2023 they received just 31.5% of total loans, highlighting limited access to financing. Financial inclusion for women also remains low: only 63% of women have a bank account, compared to an OECD average of 98%.
The partnership with QNB Leasing, along with the collaboration with FMO and other international investors, reinforces CDP’s multilateral commitment to inclusive and sustainable growth, in line with the 2025-2027 Strategic Plan.