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Microfinance: a financial inclusion lever
In March 2016, BGL BNP Paribas – in partnership with the ADA, the ADIE and the European Investment Fund – created microlux, the leading microfinance institution in Luxembourg. Microlux aids and finances the creation or development of independent activities by individual clients or social companies that lack access to the traditional banking system.
Since 2013, BGL BNP Paribas has supported the FUSE's Coupe de pouce programme, which grants loans of up to €5,000 to entrepreneurs
Since its launch in 2010, BGL BNP Paribas has invested in the LMDF, a social impact fund that aids emerging microfinance institutions with a strong social mission in developing countries
L'entrepreneuriat social : soutenir un secteur d'avenir pour une économie durable
Creation of a specific lending policy better tailored to the specific risk profile of social companies
Organisation of events that bring social entrepreneurs into contact with other sector operators