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19/04/2010

Microfinance: a new Facility for you  (19/04/2010)

Catalog N. : KE-32-10-254-EN-D

Microfinance: a new Facility for you

The European Progress Microfinance Facility is operational as of June 2010. It aims to ease access to credit for people wishing to start or develop their own micro-enterprise (including self-employment) by providing loans of up to €25 000. The European Investment Fund will manage the Facility on behalf of the European Commission. Individual entrepreneurs wanting to apply for a loan can do so viamicroloan providers selected selected by the European Investment Fund.. Those seeking funding can also benefit from guidance and coaching, often with the support of the European Social Fund. This leaflet is available in printed format in all EU official languages.