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Marchenko Partners Advises WNISEF on Implementing Impact Investing Program

Marchenko Partners Advises WNISEF on Implementing Impact Investing Program

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Marchenko Partners has acted as legal counsel to Western NIS Enterprise Fund in connection with the Impact Investing Program, which was initiated in 2016 in partnership with Oschadbank and Kredobank to provide social enterprises with access to Hryvnia-denominated low-interest loans.

WNISEF is a USD 150 million regional fund. Since its inception, WNISEF’s cumulative investments total over US 186 million to 130 companies employing around 26,000 people. According to Marchenko Partners, WNISEF's participation has "made it possible to unlock USD 1.8 billion for companies in Ukraine and Moldova."

Marchenko Partners helped WNISEF to launch the Impact Investing Program in 2016 and acted as legal counsel on each of the 19 loans granted under the program to social enterprises from all over Ukraine.

The Marchenko Partners' team consisted of Partner Roman Shulyar, Associate Bogdan Burlaka, and Junior Associate Oleksandr Pozniakov.