Privredna Banka (Croatia)

Picture the scene: a beautiful island in the Mediterranean with long sandy beaches, vineyards and small coves lining the coastline of the Croatian island, Pag. All you need now is a place to rest your head and maybe some local Pag cheese or Adriatic fish for dinner. Davor Badurina can offer that package. In 1996, Davor opened the boarding house ̋Palma ̋ in Jakišnica, situated in a little bay on the west coast of Pag, Jakišnica is a village surrounded by Mediterranean vegetation, famous for its fishermen and also its warm hospitality.

Davor first approached Privredna banka Zagreb in March 2013 and was given the loan 20 days later. The loan enabled him to run an extensive marketing campaign in Croatia and further afield, helping to grow the business.

Company:  'Palma', Pag, Croatia

Type of business: Bed & Breakfast

EU-guaranteed loan from aws: EUR 4,000

For further information about EIF intermediaries in Croatia, please refer to:
http://www.eif.org/what_we_do/where/hr/index.htm