The EaSI programme is intended for microenterprises and aims to provide more favourable financing conditions with lower interest rates and fees compared to those without the EaSI guarantee and to improve access to funding. The EaSI guarantee is a financial instrument supported by the European Union based on the Employment and Social Innovation (EaSI) programme, seeking to increase access to, and the availability of, microfinance. Microloans covered by the EaSI guarantee are approved as part of the Social Impact Banking (SIB) initiative.
Loan purpose:
- investment in tangible and intangible assets and working capital.
Repayment period:
- minimum 3 months, maximum 6 years.
Benefits
- Better loan terms compared to those without the EaSI guarantee.
- If the client is eligible for a loan with the EaSI guarantee, it applies automatically without a separate contract being required.
- Improved access to funding for clients
Borrowers
- Microenterprises which employ fewer than 10 persons at the group level, in accordance with the European Commission Recommendation 2003/361/EC of 6 May, 2003
Maximum loan amount
For any additional information, please contact our bankers at the nearest entrepreneur centre.
HR
