InFiNe.lu is delighted to welcome on board microlux, new InFiNe.lu member.
microlux is the first microfinance institution based in Luxembourg. It was created in March 2016 and started its activities in June 2016.
The missions of microlux are to:
Promote the right to economic initiatives;
Support business creation/development by individuals or social enterprises without access to traditional loans;
Finance business activities through the providions of micro-crédits or crédits to social entrepreneurship.
In order to achieve these objectives, Microlux will provide:
Coaching, mentoring and training;
Micro-crédits for business creation up to EURO 15 000;
“micro +” loans for activities which have already begun up to 20,000 EURO;
A social entrepreneurship loan up to 25,000 EURO.
microlux activities have been authorised by the the CSSF and the Ministry for the Economy.
The official launch of microlux will take place on April 5th with the presence of Her Royal Highness the Grand Duchess of Luxembourg. For more information and to register click here
