The social development bank in Europe

Qredits microcredits

  • Approval date

    16 June 2017

  • Borrower

    Qredits

  • Country

    Netherlands

  • Loan size

    € 16 600 000

  • Line of action

    Sustainable and inclusive growth

  • Status

    In progress

The programme's primary objective is related to job creation and preservation via micro-credit or SME-lending, associated with mentoring. As the project targets self-entrepreneurs, it is expected to contribute directly to the creation of new business informality and insertion of unemployed or inactive people into the formal job market as well as to the preservation of existing jobs. Indirectly the project is expected to contribute to improving people's welfare and integration of migrants.

CEB supports micro-businesses in the Netherlands

Press release 19 June 2017

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