An EU-funded scheme, in the field of human capital, is implemented by the Malta Development Bank (MDB) and backed by the European Social Fund (ESF and ESF+). The blended financial instrument combines a guaranteed loan with a grant in the form of interest rate subsidy. Over the past four years, this instrument has allowed more than 500 students finance their studies.
Thanks to the project ‘Entrepreneurial Training Programme for migrants’ Jeffrey Msamala, a 34-year-old man originally from Zimbabwe, could build a valuable network and move forward his water sanitation company in the Netherlands.
Thanks to a microloan backed by SIS Credit under the ESF financial instrument, a group of friends created Infinite Games Ltd, a social enterprise active in the field of human rights education.
Implemented in 2017, the EAFRD Credit Fund Lombardy, a grant combination financial instrument made access to finance easier for agri-food companies while improving primary producers’ integration in the agri-food chain.
Every migrant's journey is unique, and Viviana Santana's story is no exception. In 2020, Viviana, a 38-year-old lawyer, along with her family, settled in Spain and successfully launched a cleaning business.
Thanks to a EUR 17 895 microfinance loan backed by SIS Credit under the ESF financial instrument, Stelian Radovenski and Lazar Lazarov founded Made Right, a profitable business specialising in the production of quality shirts for men in Pleven, the third largest city in Northern Bulgaria.
Thanks to the i-Run by BFC financing solution, Emmanuel Lear was able to change his career path, retrain, and open the very first open-air karting track in St Pierre, La Réunion. And the cherry on top: Mr. Lear’s go-kart business uses thermal and electric karts.
The financial backing of the EAFRD risk-sharing financial instrument has helped Valentin Verzea, a former banker, make his farm in Southern Romania profitable.
With 13.5 hectares in production, he was able to deliver 90 tons of premium raspberries in 2022 to major supermarket chains in Romania.
Thanks to a EUR 1.25 million equity investment from ESSOR PME La Réunion, HUB2, a Reunionese based SME was able to develop an Application Programming Interface enabling interoperability between mobile money wallets in Western Africa and answer the huge demand for more connectivity in mobile banking and banking systems in Africa.
Your feedback is important to us to help shape the future of fi-compass and provide you with an even better service!
Your feedback is important to help us define our future activities under fi-compass.
Take this survey to tell us how we can improve, what you like best about our services and what more you’d like from fi-compass going forward.
It only takes 15 minutes of your time and makes all the difference for us!
