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Marchenko Partners Advises WNISEF on Loan to Walnut House in Ukraine

Marchenko Partners Advises WNISEF on Loan to Walnut House in Ukraine

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Marchenko Partners has advised the Western NIS Enterprise Fund on a loan to Walnut House, a bakery based in Lviv, Ukraine.

Financial details of the transaction were not disclosed.

The loan was provided through the Impact Investing Program established in 2016 by WNISEF, Kredobank, and Oschadbank, with the help from Marchenko Partners (as reported by CEE Legal Matters on November 25, 2019).

Walnut House, which was founded in 2012, offers bakery, catering, and lunch delivery services. Marchenko Partners describes it as a “social enterprise that transfers 40% of its income to the support of the social projects of Walnut House Fund, including a center of integral care for women in crisis." The firm reported that, "the bakery’s mission is to overcome poverty, using the tools of social business.” 

WNISEF is a regional fund which primarily focuses on investing in small and medium-sized companies. Since its inception, WNISEF’s cumulative investments have totaled over USD 186 million in 130 companies, employing around 26,000 people.

Marchenko Partners’ team included Partner Roman Shulyar, Associate Bogdan Burlaka, and Junior Associate Oleksandr Pozniakov.

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

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