The social development bank for Europe

Qredits 2

  • Approval date

    27 September 2019

  • Borrower

    Qredits

  • Country

    Netherlands

  • Loan size

    € 10 000 000

  • Line of action

    Sustainable and inclusive growth

  • Status

    Completed

This Additional request for an amount of €10 million for an increase of LD 1931 (2017) to a total amount of €26.6 million, will part-finance micro-credits or SME-loans to entrepreneurs who cannot access the regular financial sector.

Final beneficiaries will be entrepreneurs throughout the Netherlands, including migrants and disadvantaged women, who will benefit from the economic growth and employment.