coebank 271d ago

🤝 Trust changes lives. 💶 In Bulgaria, vulnerable entrepreneurs - those without collateral or credit history - are locked out of the banking system. For them, a small loan can be a lifeline. 🔍 With support from #CEB and #InvestEU Advisory Hub, a pioneering social impact study conducted by microfinance institution SIS Credit is showing that trust in the 'unbankable' not only changes lives, but pays back society many times over. Full story: https://coebank.org/en/news-and-publications/projects-focus/banking-on-trust-microfinance-gives-bulgarias-unbankable-a-future/ This operation benefits from support from the European Union under the InvestEU Fund. #microfinance #Bulgaria