Download QREDITS presentation European microfinance week - e-MFP

Qredits
 nationwide Microfinance provider in the Netherlands
 Mission: to provide financing up to 50.000 Euros and coaching to
start-ups and existing entrepreneurs, in the Netherlands with a
viable business plan, who are socially or financially excluded. For
them to become economically independent, and included in and
contributing to society (both socially and financially).
 Outstanding portfolio: € 35.000.000,-. Active clients 2700
 Products:
 Microloan up to € 25.000,- (interest 9.75-10,75%, closure fee
250-750 €)
 Entrepreneurial loans €25.000,- to €50.000, Coaching pre and post loan
 Entrepreneurial Tools: Elearning start up, Entrepreneurial plan
[email protected]
www.e-mfp.eu
European instruments used
 Eppa loan 750.000,- 5 year, for capacity building, low
interest rate
 Jasmine assistance program, training, assessment
 Progress Microfinance facility guarantee, 75% of lossrecovery rate for loans to target group (unemployed or
risk of unemployment, limited in access to financial
market to start micro enterprise)
 Pilot group European code of conduct
[email protected]
www.e-mfp.eu
[email protected]
www.e-mfp.eu