$31.7 Million in Microcredits Fuels Dreams of 1,400 Aspiring Entrepreneurs

A total of $31.7 million in microcredits has empowered 1,400 aspiring entrepreneurs in Venezuela, showcasing the vital role of MicroBank and CaixaBank in fostering local Entrepreneurship.

• MicroBank and CaixaBank partnered to provide $31.7 million in microcredit funding, enabling 1,400 Venezuelans to start their own businesses and pursue their entrepreneurial dreams.
• The initiative aims to combat unemployment in Venezuela, where economic instability has left many aspiring business owners without access to traditional banking services, highlighting the importance of Microcredit.
• With the support of Euro funding, this microcredit program not only stimulates local economies but also encourages innovation and self-sufficiency among the entrepreneurs it supports.