Credo Microcredits
- Approval date
16 November 2018
- Borrower
JSC Credo Bank
- Country
- Loan size
€ 5 000 000
- Line of action
Sustainable and inclusive growth
- Status
In progress
This loan will part-finance investment sub-projects undertaken by MSMEs in rural and urban areas to support the creation and preservation of income generating activities, self employment and the creation and development of micro-enterprises. Final beneficiaries will be small entrepreneurs mostly involved in agriculture and urban type businesses, typically located in rural areas, such as farmers operating agriculture businesses; and small business owners in village settlements.