YBI and Citi Foundation Reaffirm Support for Young European Aspiring Entrepreneurs
As a YBI Member Qredits has been one of the beneficiaries of Citi Foundation grant funding.
We help entrepreneurs start or grow their business
Qredits is a lean and sustainable organization that started in 2009 as an alternative credit provider for small and medium enterprises in the Netherlands. The organisation is financed by the Ministry of Economic Affairs, Dutch commercial banks and the European Investment Fund, the European Investment Bank, BNP Paribas and the Council of Europe Bank.
In recent years Qredits has developed into the leading alternative financing channel for entrepreneurs in the Netherlands with more than 40,000 loans disbursed for a total of € 800,000,000. Qredits receives more than 130 new credit applications a day.
The organisation has 140 professional employees and in addition works with over 600 volunteer coaches. The Qredits Academy offers a variety of training courses and programs, free to Qredits customers. Qredits also offers consulting and customized business development products at international level.
Qredits is financially sustainable and internationally known as one of the best practice models in Europe.
Your own clothing store, a cozy coffee shop or bakery. Entrepreneurs bring a city to life! With the Entrepreneurial Training Program for Migrants or newcomers in the Netherlands, we give entrepreneurs the best possible start. In 14 weeks we help ambitious migrants turn their idea into a strong business plan. We also provide further coaching and training and will finance a good plan.
The Entrepreneurial Training Program for Migrants is made possible by Qredits in cooperation with VluchtelingenWerk Nederland and the Dutch Chamber of Commerce. This project is funded under a broader agreement between the Council of Europe Development Bank (CEB) and the European Commission (Directorate General for Home Affairs), which aims to improve the integration of migrants in EU member states through the development of new partnerships and new forms of financing.
Educating migrants on the Dutch business climate
In today's market entrepreneurs find it increasingly difficult to obtain the right loan for the start or expansion of their business. Qredits has developed a number of different loan products to meet these needs.
Personal
focus on the entrepreneurSocial
contribute to societyConnecting
Networking and making connectionsProfessional
cooperation leads to successQredits loan products range from a low microcredit loans to larger subordinate loans with flexible credit as a nice alterative.