Microcredit support in Italy
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Approval date
24 July 2024
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Borrower
PerMicro S.P.A.
- Country
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Loan size
€ 17 000 000
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Line of action
Supporting Jobs and Economic and Financial Inclusion
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Status
In progress
This programme loan* would part-finance beneficiaries’ investments and working capital needs to support their business activities, such as the purchase of goods, materials, equipment and licenses, as well as expenses related to the creation of a business start-up.
Final beneficiaries: micro-enterprises in Italy, in particular aspiring entrepreneurs and women entrepreneurs.
This operation benefits from support from the European Union under the InvestEU Fund, as part of CEB SISW Debt Financial Product supporting the "Microfinance, ethical, social enterprise finance and social economy" InvestEU policy area.
* Approved under InvestEU Framework Operation for Microfinance and Social Economy Finance
Borrower's address: Via XX Settembre, 38, 10121 Torino TO, Italy