Small Enterprise Assistance Funds Ouarterlv Report to USAID (April to June 2002) for Grant # PER-G-00-00-00017-0 Investing Growth Capital in Transbalkan Enterprises For more information contact: Small Enterprise Assistance Funds 1050 17" Seeet, NW, Suite 1150 Washington, DC 20036 (202) 737-8463 (202) 737-5536 fax
[email protected] Mr. Bert van der Vaart, President and CEO TABLE OF CONTENTS SEAF TRANS-BALKANFUND QUARTERLYREPORT TO SHAREHOLDERS QUARTERENDING JUNE 30,2002 TAB Trans-Balkan 1. Trans-Balkan Fund Summary 2. Trans-Balkan Fund Financial Statements 3. Trans-Balkan Fund Commitments and Drawdowns 4. Trans-Balkan Fund Investment Performance 5. Trans-Balkan Fund Aggregate Employment and Revenue Analysis Trans-Balkan Bulgaria Fund 6. Trans-Balkan Bulgaria Fund Update 7. Trans-Balkan Bulgaria Fund Financial Statements 8. Trans-Balkan Bulgaria Fund Portfolio Valuation Summary 9. Trans-Balkan Bulgaria Fund Strategy Sheets 10. Trans-Balkan Bulgaria Fund Employment and Revenue Analysis Trans-Balkan Croatia Fund 11. Trans-Balkan Croatia Fund Update 12. Trans-Balkan Croatia Fund Financial Statements 13. Trans-Balkan Croatia Fund Portfolio Valuation Summary 14. Trans-Balkan Croatia Fund Strategy Sheets 15. Trans-Balkan Croatia Fund Employment and Revenue Analysis Trans-Balkan Romania Fund 16. Trans-Balkan Romania Fund Update 17. Trans-Balkan Romania Fund Financial Statements 18. Trans-Balkan Romania Fund Portfolio Valuation Summary 19.Trans-Balkan Romania Fund Strategy Sheets 20. Trans-Balkan Fund Romania Employment and Revenue Analysis Trans-Balkan Fund LLC Summary The TBF was capitalized at USD 21,825,000. Of this amount, USD 6,000,000 was for the Trans-Balkan Croatia Fund, including the merged SEAF Croatia Fund; USD 5,000,000 was for the Trans-Balkan Bulgaria Fund and USD 8,000,000 was for the Trans-Balkan Romania Fund.