Action Finance Initiative (AFI Microfinance SA) and Eurobank open a new chapter for the sector in Greece. Specifically, based on Law 4701/2020, AFI Microfinance SA received a license to operate as an independent microcredit provider, from the Bank of Greece, and begins granting business microloans, amounting to 15,000 euros, which can reach up to 25,000 euros.
With the new data, AFI Microfinance SA, disbursing financing on its own, aims to expand its activities, providing support to people looking for the opportunity to develop their ideas and business activities.
In AFI Microfinance SA, Eurobank now participates as a main shareholder, while it will also provide financing to the company, serving the principles of inclusive and sustainable development and promoting the idea of microcredit, as one of its central Corporate Social Responsibility actions.
