EUR 5 million in loans to around 400 microbusinesses in Luxembourg

The European Investment Fund (EIF) and microlux, a microfinance institution, have signed the first agreement to support microbusinesses in Luxembourg under the EU Programme for Employment and Social Innovation (EaSI). This agreement was made possible by the support of the European Fund for Strategic Investments (EFSI). The EFSI is the central pillar of the Investment Read more about EUR 5 million in loans to around 400 microbusinesses in Luxembourg[…]

EUR 1 billion mark reached as the EU steps up support for micro-entrepreneurs

Since the EU started its microfinance initiatives, more than 100 agreements have been signed with microfinance providers, to support over 100,000 micro-entrepreneurs in 23 EU member states. This cooperation between the European Investment Fund (EIF), the European Commission, and microfinance providers aims to mobilise over EUR 1 billion of microfinance loans for micro-borrowers across the Read more about EUR 1 billion mark reached as the EU steps up support for micro-entrepreneurs[…]