Release date: 12 October 2017
Promoter – Financial Intermediary
ACCEPTABLE BANK(S)
Location
Description
Loan for financing small sized investments promoted by self-employed entrepreneurs and micro-enterprises, mainly in Spain.
Objectives
This operation will improve competitiveness and access to finance at favourable conditions by self-employed entrepreneurs and micro-enterprises.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 700 million
Total cost (Approximate amount)
EUR 1400 million
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 27/12/2017
Disclaimer
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).