Members Description
Microlux is the first microfinance institution in Luxembourg. Microlux aims to:- Finance the creation and the expansion of enterprises by granting microcredits and credits for social entrepreneurs
- Accompany people in the development phase of their project and after the kick-off phase
- Promote the right to private economic initiative and to financial inclusion
The proposed funding can be up to € 25,000 and is repayable over a period of 12 to 48 months. Microlux is for people who do not have access to traditional bank credit.
