Last update: 16/05/2016

First Greek EaSI microfinance agreement for small businesses

Monday, 16 May, 2016

The European Investment Fund (EIF) and the FEBEA member Cooperative Bank of Karditsa have signed the first guarantee agreement aimed at supporting micro-enterprises in Greece under the EU Programme for Employment and Social Innovation (EaSI).

This new EaSI guarantee agreement with the Cooperative Bank of Karditsa will cover a loan portfolio of EUR 5 million for over 300 micro-borrowers targeting mainly farmers, young unemployed borrowers, cooperatives and social enterprises, as well as micro businesses active in the green economy. The EaSI Guarantee scheme was launched in June 2015 and is funded by the European Commission and managed by the EIF.

More information at this link