Under the Progress Microfinance initiative, EIF has so far signed agreements with the microfinance providers listed below. These institutions act as EIF's intermediaries and provide micro-credit (loans below EUR 25.000) to (future) entrepreneurs and micro-enterprises with fewer than 10 persons and whose annual turnover and/or annual balance sheet total does not exceed EUR 2 million.
Here below you will get an overview of the financial intermediaries in your country we work with as well as the products they offer. By clicking on the microfinance provider in your country, you will be redirected to its website. We suggest you contact the intermediary directly to find the eligibiilty criteria and information on how to apply.
Kindly note that the selection of intermediaries participating in Progress Microfinance across the EU is still ongoing, therefore this list will be updated as soon as a new agreement will be signed. In case your country /region is not listed below, yet, we suggest you visit this page regularly for further updates.
Would you like to be informed by email as soon as the EIF signs up with a new micro-credit provider under Progress Microfinance? Subscribe to the e-mail alert
For the full list of EIF intermediaries please refer to our section "Where to access finance".
|Country /Region*||Micro-credit provider acting as
EIF Intermediary under Progress Microfinance
|Related press release|
|Austria||Erste Bank der österreichischen Sparkassen AG|
|Belgium (City of Brussels)|
|Cyprus||Central Cooperative Bank|
|Greece||Pancretan Cooperative Bank|
|Italy||Banca di Credito Cooperativo Mediocrati|
|Italy||Banca di Credito Cooperativo Emil Banca|