Sep 24, 2019 at 07:33 am
Funding through the EaSI -supported by the European Union- IS NOT EASY!
Update posted by Evaggelia FrantzoglouThe program for Employment and Social Innovation (EaSI) -supposed- to be all about supporting people and businesses that would not otherwise have access to employment or financing.
The EaSI provides around €96 million to European micro lenders
through the European Investment Fund (EIF) in the form of the EaSI
Guarantee. These intermediaries are then able to provide lending of up
to €25,000 to individual companies who would otherwise not qualify for
conventional loans.
But in Greece any project/business receiving EU funds is subject to indirect oversight through financial intermediaries.
Searching for these Financial intermediaries I found that none of them give loans unless you already have 25% of the loan you ask in a closed bank account or security bail (guaranteee) - not easy to have any of these when you are unemployed!
In meantime banks in Greece
that taxpayers (we) have contributed (recapitalized) at least 3 times do not give loans.
So we thought
crowdfunding.
Those who know us know this is not the choice we would make
but since have no other....
If you feel like to help us achieve our goal please do it!
Evaggelia Frantzoglou
Journalist, Member of ESIEA (Journalists' Union of the Athens Daily Newspapers) at Free Lance Editor