Release date: 1 October 2015
Promoter – Financial Intermediary
Microcred SAS, a microfinance holding company incorporated in France.
Participation in the next capital increase of Microcred
The proposed operation will support the growth and development of Microcred's network of microfinance institution affiliates in particular in sub-Saharan Africa.
- Services - Financial and insurance activities
Proposed EIB finance (Approximate amount)
EUR 4 million
Total cost (Approximate amount)
EUR 24 million
Signed - 14/04/2016
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).