{"id":5619,"date":"2025-02-13T13:53:00","date_gmt":"2025-02-13T12:53:00","guid":{"rendered":"https:\/\/www.microlux.lu\/microlux-increases-microloans-to-e50000-to-support-more-entrepreneurs\/"},"modified":"2025-02-13T14:04:09","modified_gmt":"2025-02-13T13:04:09","slug":"microlux-increases-microloans-to-50000-euros","status":"publish","type":"post","link":"https:\/\/www.microlux.lu\/en\/microlux-increases-microloans-to-50000-euros\/","title":{"rendered":"Microlux increases microloans to \u20ac50,000 to support more entrepreneurs"},"content":{"rendered":"<!--\r\n    Title: Single Post Content\r\n    PostTypes: post\r\n    SupportsJSX: true\r\n    Mode: preview\r\n-->\r\n\r\n<!--\r\n    Title: Intro\r\n-->\r\n\r\n<section class=\"gc-intro\">\r\n    <!--\r\n Title: Container\r\n Mode: preview\r\n SupportsJSX: true\r\n-->\r\n\r\n\r\n<div class=\"gc-container  gc-intro__container\">\r\n    <div class=\"gc-intro__wrapper\">\r\n            <div class=\"gc-breadcrumbs gc-intro__breadcrumbs\">\r\n    <nav aria-label=\"breadcrumbs\" class=\"rank-math-breadcrumb\"><p><span class=\"last\">Home<\/span><\/p><\/nav><\/div>\r\n            <h1 class=\"gc-intro__title\">\r\n                Microlux increases microloans to \u20ac50,000 to support more entrepreneurs\r\n            <\/h1>\r\n                                <\/div>\r\n<\/div>\r\n<\/section>\r\n<section class=\"gc-spc\">\r\n    <!--\r\n Title: Container\r\n Mode: preview\r\n SupportsJSX: true\r\n-->\r\n\r\n\r\n<div class=\"gc-container  gc-spc__container\">\r\n    <div class=\"gc-spc__content\">\r\n                        \n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<p><em>Luxembourg, February 11, 2025<\/em> &#8211; In line with its social mission of financial inclusion and support for entrepreneurs without access to traditional bank credit, microlux is changing its financing conditions to better meet the needs of entrepreneurs. From now on, the maximum amount of loans granted will be increased from \u20ac25,000 to \u20ac50,000, enabling us to provide even greater support to entrepreneurs in Luxembourg. <\/p>\n\n\n\n<p>People wishing to obtain microloans of over \u20ac25,000 and up to \u20ac50,000 will have to meet additional conditions:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>For business creators : a <strong>minimum personal contribution of 20%<\/strong> of the total financing plan is required ;<\/li>\n\n\n\n<li>For entrepreneurs who have already started their business : a <strong>minimum of one year&#8217;s business<\/strong> history is required.<\/li>\n<\/ul>\n\n\n\n<p>These conditions are in addition to the presence of a guarantor for one third of the amount of the microcredit granted.<\/p>\n\n\n\n<p>This development is in line with microlux&#8217;s desire to enable a greater number of people to carry out and develop their business projects, in the face of constant increase in the costs linked to business creation and development.<\/p>\n\n\n\n<p><strong>Sam Paulus<\/strong>, Senior Manager at microlux, comments : <em>&#8220;This increase to \u20ac50,000 enables us to support microentrepreneurs even more effectively, especially those who need commercial premises to start their business, by offering them financial support adapted to the reality of the Luxembourg market.&#8221;<\/em><\/p>\n\n\n\n<p>This initiative complements existing solutions and confirms microlux&#8217;s ongoing commitment to promoting financial and social inclusion through entrepreneurship, and to contributing to the growth of the local economy.<br><\/p>\n<\/div><\/div>\n\n\r\n        <\/div>\r\n        <aside class=\"gc-spc__sidebar\">\r\n            <div class=\"gc-share\">\r\n    <h5 class=\"gc-share__title\">Share the article<\/h5>\r\n\r\n    <ul class=\"gc-share__list\">\r\n        <li class=\"gc-share__item\">\r\n            <a rel=\"nofollow\" class=\"gc-share__link gc-share__link--facebook\" href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https:\/\/www.microlux.lu\/en\/microlux-increases-microloans-to-50000-euros\/\" target=\"_blank\">\r\n                <svg class='gc-share__icon' xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\"><!--! 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Font Awesome Pro 6.0.0 by @fontawesome - https:\/\/fontawesome.com License - https:\/\/fontawesome.com\/license (Commercial License) Copyright 2022 Fonticons, Inc. --><path d=\"M496 448H128c-35.35 0-64-28.65-64-64V112C64 103.2 56.84 96 48 96S32 103.2 32 112V384c0 53.02 42.98 96 96 96h368c8.836 0 16-7.164 16-16S504.8 448 496 448zM576 32H192C156.7 32 128 60.65 128 96v224c0 35.35 28.65 64 64 64h384c35.35 0 64-28.65 64-64V96C640 60.65 611.3 32 576 32zM608 320c0 17.64-14.36 32-32 32H192c-17.64 0-32-14.36-32-32V139.1L336 272c14.12 10.61 31.06 15.91 48 15.91S417.9 282.6 432 272L608 139.1V320zM608 100l-195.2 146.4c-17 12.72-40.63 12.72-57.63 0L160 100V96c0-17.64 14.36-32 32-32h384c17.64 0 32 14.36 32 32V100z\"\/><\/svg>            <\/a>\r\n        <\/li>\r\n    <\/ul>\r\n\r\n    <\/div>\r\n            <!--\r\n Title: Info Box\r\n-->\r\n\r\n<div class=\"gc-info-box gc-info-box--purple\">\r\n    <h2 class=\"gc-info-box__title h3\"><p>About microlux<\/p>\n<\/h2>\r\n\r\n    \r\n            <div class=\"gc-info-box__description\"><p>Microlux supports and finances entrepreneurs in Luxembourg who do not have access to traditional bank credit.<\/p>\n<\/div>\r\n    \r\n            <a target=\"_self\" class=\"gc-button  gc-info-box__button\" role=\"button\" href=\"https:\/\/www.microlux.lu\/en\/contact-us\/\">\r\n\t\tContact us!\r\n\t<\/a>    <\/div>\r\n        <\/aside>\r\n<\/div>\r\n<\/section>\r\n\n\n<!--\r\n    Title: Reusable Block\r\n    Mode: preview\r\n-->\r\n\r\n","protected":false},"excerpt":{"rendered":"<p>In line with its social mission, microlux is changing its financing conditions to better meet the needs of entrepreneurs. <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[37],"tags":[],"class_list":["post-5619","post","type-post","status-publish","format-standard","hentry","category-entrepreneurship-in-luxembourg"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.microlux.lu\/en\/wp-json\/wp\/v2\/posts\/5619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.microlux.lu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.microlux.lu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.microlux.lu\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.microlux.lu\/en\/wp-json\/wp\/v2\/comments?post=5619"}],"version-history":[{"count":3,"href":"https:\/\/www.microlux.lu\/en\/wp-json\/wp\/v2\/posts\/5619\/revisions"}],"predecessor-version":[{"id":5625,"href":"https:\/\/www.microlux.lu\/en\/wp-json\/wp\/v2\/posts\/5619\/revisions\/5625"}],"wp:attachment":[{"href":"https:\/\/www.microlux.lu\/en\/wp-json\/wp\/v2\/media?parent=5619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.microlux.lu\/en\/wp-json\/wp\/v2\/categories?post=5619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.microlux.lu\/en\/wp-json\/wp\/v2\/tags?post=5619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}