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Thursday, March 25, 2010

Credit Unions Included In EU Loan Scheme

It may be of interest to our members especially those of you who toying with the idea of going into business that Irish credit unions will soon able to award up to €25,000 in loans to small and start-up businesses under an EU scheme being rolled out this year. This was due to an initiative of our own Marian Harkins MEP.

The European Microfinance Fund was announced in Brussels last December and will see a total of €100 million being made available through financial institutions across all member states over the next four years.Read On

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