This Framework Operation aims at covering capped guarantees to be entered into by EIF with financial intermediaries supporting the areas of microfinance and social entrepreneurship. The target area of Skills, Education and Training is covered via a separate Framework Operation. Intermediaries supporting the microfinance axis will provide debt financing typically on an unsecured basis (debt financing benefitting only from a personal guarantee or similar), coupled with accompanying business development services, such as individual counselling, training and mentoring, extended to persons and microenterprises that experience difficulties accessing the credit market for the purpose of professional and revenue-generating activities.
|InvestEU operation amount
|Microfinance; health and social work activities; social enterprises
|Social investment and skills (SISW)
|Approval by the Investment Committee
|8 June 2023
Links and documents
For further details about signed operations under InvestEU, see Access to EU Finance
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- Project locations
- Eligible areas
- Social investments
- Implementing partner
- Policy window
- Social investment and skills (SISW)