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REDI (Roma Entrepreneurship Development Initiative)

Organisation

REDI's mission is to empower Roma Communities by promoting existing entrepreneurs and their business using development models, coaching and access to finance. To succeed in their mission, REDI developed tools, a mapping process, and networks for Roma Entrepreneurs in 3 countries (Romania, North Macedonia, and Serbia) aiming to increase economic opportunity.

REDI established a financing mechanism in Luxembourg. REDI SV is a social investment fund which facilitates access to finance for Roma entrepreneurs across Europe and the Balkans. The REDI Team has already attracted 25% of the capital and is now in the negotiating process with several large social development funds. In the next 5 years, REDI aims to sustain and create 20.000+ jobs in Roma Communities in Central and Eastern Europe and the Balkans.

Type of institution

Microfinance support organisation