Thanks to microfinance female entrepreneurs in Spain reinvent their business models to adapt to the pandemic
Since the global financial crisis of 2007, rising unemployment and job insecurity in Barcelona have led to falling household incomes. Two recently completed housing developments, partially funded by the CEB, are providing affordable, energy-efficient homes.
Spain Social housing
A €150 million European Co-financing Facility (ECF) from the CEB is enabling the Spanish autonomous region of Castilla la Mancha to bridge funding gaps and deliver on a range of priorities, from new jobs and enhanced education facilities to investments in technology and innovation.
Spain Environment, Living conditions, Education
Spain has been among the hardest hit nations in the COVID-19 crisis, with the autonomous community of Madrid accounting for almost one third of Spain’s confirmed cases. A €200 million public sector financing facility (PFF) from the CEB is helping to minimise loss of life and improve citizens’ health.
Tailored CEB investment helps Barcelona transition to a greener city
Spain Living conditions, Environment
The CEB is part-financing key energy efficiency projects in Spain’s Castilla y León region. The projects, being implemented by SOMACYL, the region’s public utility company, are promoting a more sustainable approach to heating and lighting.
Young women in Spain benefit from microfinance funding thanks to the CEB
Microfinance is vital to the success of thousands of very small businesses, and over the last decade the CEB has approved loans worth millions of euros to microfinance providers.
Italy, Spain MSMEs
CEB financing supports entrepreneurship and job creation in Spain