Qredits is a private foundation started on 1 January 2009 by a group of public and private partners. It is the only nationally operating Microfinance Institution in The Netherlands.
Qredits' vision is to build a strong and independent entrepreneurship culture in the Netherlands by providing financing, mentoring and tools for micro-entrepreneurs that have a viable business plan, yet are unable to obtain credit facilities from conventional lending institutions.
Qredits is the leading alternative credit provider for small and medium enterprises in the Netherlands. It has 100 employees (10 in the Caribbean) and works with more than 600 volunteer mentors. In the first 10 years Qredits issued over 15,000 loans for a total of more than €324,000,000. Besides lending and training options Qredits has also developed an accredited school programme for high schools and vocational colleges teaching youth at an early age about entrepreneurship and how to start a business in the Netherlands. Qredits is an active member of Youth Business Europe and currently serving as president of the European Microfinance Network.
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