AFIN IFN SA – www.afin.org.roImpaktEU – www.impakteufund.eu
AFIN IFN SA Secures €250,000 Funding from ImpaktEU to Support Romania’s Social Economy
Bucharest, May 29, 2025 — AFIN IFN SA, the first non-banking financial institution in Romania dedicated exclusively to the social economy sector, has announced the signing of a new €250,000 loan agreement with Belgian impact investment fund ImpaktEU. This investment marks an important step in strengthening AFIN’s ability to support the development of social and environmental impact organizations in Romania.
Financing to Expand Access to Ethical Lending
The funding obtained from ImpaktEU will be used to expand AFIN’s loan portfolio, targeting social enterprises, NGOs, and other economic operators with a social or environmental mission. These resources will support:
- access to working capital for day-to-day operations,
- investment in equipment and infrastructure,
- organizational and professional capacity building for beneficiaries.
Through these interventions, AFIN directly contributes to job creation, the development of community-impact products and services, and the financial sustainability of Romania’s social economy sector.
"This financing is a significant step in our mission to support social enterprises in Romania. With ImpaktEU’s support, we will be able to provide more tailored financial solutions that meet the specific needs of these organizations, thus contributing to a more equitable and inclusive society," said Felicia Relenschi, General Manager of AFIN IFN SA.
A European Collaboration for Sustainable Impact
ImpaktEU, an impact investment fund launched in 2022 by Funds for Good and Inpulse Investment Manager, supports initiatives that promote social inclusion, entrepreneurship, and sustainable development across Europe. The investment in AFIN is part of the fund’s strategy to strengthen financial ecosystems that serve the social economy.
"We are excited to collaborate with AFIN IFN SA in their efforts to support the social economy in Romania. This investment aligns perfectly with our mission to promote social inclusion and sustainable development in Europe," stated Bruno Dunkel, CEO of ImpaktEU.
About AFIN IFN SA
Operational since 2023, AFIN IFN SA is a Romanian-owned non-banking financial institution offering loan products exclusively designed for the social economy sector. Since its inception, AFIN has granted over 60 loans, totaling more than €1.2 million in financing dedicated to social enterprises.
AFIN operates under a one-stop-shop model for social economy actors, in partnership with ADV Romania and the Social Finance Association. The institution is certified as a social enterprise, reinvesting over 90% of its profits for social purposes, and is a member of the international microfinance network MFC (Microfinance Centre).
About ImpaktEU
ImpaktEU is a European impact investment fund supporting microfinance institutions and social enterprises across the continent. Launched in 2022, the fund aims to reduce social inequalities and foster sustainable development by providing flexible funding and technical assistance to its partners.
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June 23, 2025
