Brussels, 07/01/2016 (Agence Europe) - The EIB and the European Investment Fund (EIF) will support the Dutch micro-finance institution Qredits to grant loans to very small businesses in the Netherlands, the European Commission announced on Thursday 7 January.
The EIB and Qredits have agreed on a loan facility of €100 million. The EIF has also signed an agreement to cover some of the credit risks for new loans to the tune of €25 million for very small businesses and SMEs. Both operations...