FEDES
Provider COFIDEScofides.es
Founded 1988
Sells To B2B, Small and Medium Businesses
Pricing Model Interest Income
Ownership Government-owned
COFIDES manages reimbursable operations of Spain's sustainable development fund abroad.
The Spanish Sustainable Development Fund is an instrument of the Ministry of Foreign Affairs operated within Spanish development cooperation, and COFIDES manages part of its reimbursable financing operations. Recipients in partner countries obtain loans to states, lending to microfinance institutions for financial inclusion, and participations in development-impact funds and special purpose entities.
The arrangement is delegated management rather than a branded COFIDES product: the ministry owns the mandate and COFIDES executes the reimbursable tranche. That separates it from the company's own instruments, where the credit and equity exposure sits on COFIDES's own balance sheet.
International Finance Corporation

MSME finance
ifc.org
World Bank
SME finance
worldbank.org
EBRD

Startup and MSME support
ebrd.com
| Attribute | FEDES | MSME finance | SME finance | Startup and MSME support | |
|---|---|---|---|---|---|
| Provider | |||||
| Founded | 1988 | 1956 | 1994 | 1991 | |
| Sells To | B2B, Small and Medium Businesses | — | — | Enterprises | |
| Pricing Model | Interest Income | — | — | Interest Income | |
| Ownership | Government-owned | — | — | Government-owned |
Provider COFIDEScofides.es
Founded 1988
Sells To B2B, Small and Medium Businesses
Pricing Model Interest Income
Ownership Government-owned
Provider 
Founded 1956
Sells To —
Pricing Model —
Ownership —
Provider World Bankworldbank.orgGovernment
Founded 1994
Sells To —
Pricing Model —
Ownership —
Provider 
Founded 1991
Sells To Enterprises
Pricing Model Interest Income
Ownership Government-owned
KfW promotional and international finance for SMEs, startups, and developing countries.

Loans is the European Investment Bank's long-term loan financing family for public and private sector projects.
KfW promotional and international finance for SMEs, startups, and developing countries.
Loans is the European Investment Bank's long-term loan financing family for public and private sector projects.
