If you’re starting a business with the help of Association pour le Droit à l’Initiative Économique microcredit, the Association pour le Droit à l’Initiative Économique Capital Contribution Loan can provide an additional boost. This 0% repayable advance can reach up to €3,000 or one-third of your total financing needs, allowing you to cover key startup costs. This loan is designed to complement your Association pour le Droit à l’Initiative Économique microcredit.

Objectives

The Association pour le Droit à l’Initiative Économique Capital Contribution Loan is designed to support individuals launching their businesses. It complements the Association pour le Droit à l’Initiative Économique microcredit by providing additional funding for necessary expenses related to your total financing needs. This flexible financing option is particularly beneficial for new entrepreneurs looking to cover initial costs effectively.

Beneficiaries

This loan is available to individuals creating their businesses with Association pour le Droit à l’Initiative Économique microcredit. Structural criteria include:

• Individuals involved in business creation
• Must be utilizing Association pour le Droit à l’Initiative Économique microcredit for financing

Excluded: Businesses not using Association pour le Droit à l’Initiative Économique microcredit.

Eligible operations

The loan covers a wide range of expenses important for starting a business, as part of your total financing needs. It is intended to complement your Association pour le Droit à l’Initiative Économique microcredit.

Eligibility conditions

Key conditions for the Association pour le Droit à l’Initiative Économique Capital Contribution Loan include:

• Must be in conjunction with Association pour le Droit à l’Initiative Économique microcredit for business creation
• Repayment deferral of up to 2 years after disbursement of the microcredit
• Maximum loan amount of €3,000 or one-third of total financing needs

Grant amount

The Association pour le Droit à l’Initiative Économique Capital Contribution Loan offers a repayable advance of up to €3,000, which can cover one-third of your total financing needs. This loan is specifically designed to be combined with Association pour le Droit à l’Initiative Économique microcredit, providing a comprehensive financial support package for new businesses.