Business news
August 30, 2019 58 companies and 80 jobs born through microcredit
LUXEMBOURG - L'institution de microcrédit, créée il y a plus de trois ans, indique avoir permis de financer la création de près de 60 entreprises et d'environ 80 emplois.
Since its creation in March 2016, the microcredit institution microlux claims to have created a total of 58 companies and about 80 jobs.
In June 2019, with its 72nd microcredit granted to a company designer specializing in floral decoration, it also crossed the one million euro mark disbursed for micro-enterprises created or developed by entrepreneurs who did not access to traditional bank credit.
Since the beginning of the microlux adventure, nearly 400 meetings have been held with prospects for microcredit applications. In addition, about 150 project leaders were accompanied by his team of volunteer coaches. Finally, 80 microcredits were disbursed for an average value of 14,000 euros, their maximum value being 25,000 euros.