Since the start-up offensive in November 2018, microcredit commitments from the German Microcredit Fund have increased by 34 percent.
The Microcredit fund provides loans for small and micro-startups. It increasingly supports migrants and women entrepreneurs who wish to start a business. It also focuses on commercial social enterprises, which the fund is open to during the start-up and growth phases.
The Federal Ministry for Economic Affairs and Energy and the Federal Ministry of Labour and Social Affairs have provided a comprehensive offering with the currently accredited microfinance institutions.
Small businesses interested in a microcredit can contact one of the Microfinance institutions turn around.
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