Tag Archives: microentrepreneurs

Luxembourg Increases Pledge to Financial Inclusion Fund, Expanding Support for Vulnerable Groups

(IN BRIEF) Luxembourg has pledged an additional €4.8 million to the EIB Global’s Financial Inclusion Fund, bringing the fund’s total size to €11.5 million. The fund supports financial service providers that focus on vulnerable groups in African, Caribbean, and Pacific … Read the full press release

Romanian lender Patria Bank secures €5m loan from European Investment Fund to boost microentrepreneurship

(IN BRIEF) The European Investment Fund (EIF) has provided a €5 million loan to Patria Bank, a Romanian lender that specializes in financing small and microentrepreneurs with limited access to finance. The Tier II subordinated loan transaction, supported by InvestEU, … Read the full press release