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.
Member details
Organisation type(s):
Financial institution
Field(s) of competence:
- Financing
- Technical Assistance / Networking
Area(s) of expertise:
Microcredit in Europe,entrepreneurship,financial inclusion, coaching,fight against exclusion
