Investment & Fund Management

In the village of Bušovce, Slovakia, Potraviny Bušovce, a grocery store managed by Tatiana Istocyova, faced the challenge of providing essential goods and services to a community that previously lacked convenient shopping options. The store, which opened in the summer of 2021, was established with the support of a business loan from ?SOB, guaranteed by the European Investment Fund (EIF) under the EU’s Investment Plan for Europe. This financial backing was crucial for transforming a previously underutilized property into a vibrant grocery store that included a bakery and a coffee corner.

The tailored solution provided by the EIF allowed the Istocy family to not only stock the store with basic goods such as fruits, vegetables, and fresh pastries but also to create a social hub for the local community. The store quickly became a meeting point for residents, fostering social interactions and enhancing community life. Tatiana noted that the store has changed lives by making grocery shopping easier and providing a space for locals to gather, share home-baked goods, and enjoy each other's company.

Quantifiable results from this initiative include the creation of four new jobs, directly benefiting the local economy. The store has established a strong clientele, with Tatiana emphasizing the importance of customer service and community engagement. The positive impact of Potraviny Bušovce extends beyond mere convenience; it has revitalized the village atmosphere, demonstrating how a small business can significantly enhance local life and community spirit.