Local partner Funding Societies will use another EUR 250,000 for working capital needs of about 35 SMEs in Jakarta, Bandung and Surabaya in Indonesia. The majority of these SME is engaged in eCommerce, agriculture & allied activities and wholesale trade.
€250,000
Amount
5.00%
Interest
12 months
Maturity
6 months
Repayments
EUR
CurrencyAmount | €250,000 |
Interest | 5.00% |
Maturity | 12 months |
Repayments | 6 months |
Currency | EUR |
Starts at: 23 March 2023 10:00

With a second loan of EUR 250,000 to new local partner SOFIPA in Mexico, around 830 women will get access to finance so they can expand their companies by offering for example more products. The women ask for this credit via a group loan, so they are all responsible for the repayments. **please note: this project contains an exchange rate risk EUR/USD)**
€250,000
Amount
6.00%
Interest
18 months
Maturity
6 months
Repayments
USD
CurrencyAmount | €250,000 |
Interest | 6.00% |
Maturity | 18 months |
Repayments | 6 months |
Currency | USD |
Starts at: 24 March 2023 10:00