Tag Archives: microenterprises

European Investment Fund Backs Avanseo with €38 Million Portfolio Guarantee to Support Microenterprises in France

(IN BRIEF) The European Investment Fund (EIF), supported by the InvestEU programme, has entered into a portfolio guarantee agreement with Avanseo to provide up to €38 million in new financing for microenterprises and individuals facing challenges in accessing credit markets. … Read the full press release

Belgian microfinance institution microStart to benefit over 3,000 microenterprises through €30m EIF deal

(IN BRIEF) The European Investment Fund (EIF) has signed a guarantee agreement with microStart, a microfinance institution in Belgium, to provide at least €30 million of financing for microenterprises in the country. The deal, supported by the EU’s InvestEU program, … Read the full press release

European Progress Microfinance Facility provided Progress Microfinance loans to over 6000 entrepreneurs

12-9-2013 — /EuropaWire/ — More than 6000 entrepreneurs have already benefitted from loans worth a total of close to €50 million under the European Progress Microfinance Facility, according to the third annual report on this EUinstrument. The report confirms that Progress Microfinance has significantly contributed … Read the full press release