Portal de Jumilla

www.portaldejumilla.com

• Home
• Business
• Hotels
• Restaurants
• News
• Advertisement

The City of Jumilla is attached to the Microcredit Program through the signing of a collaboration agreement with the Autonomous Community of the Region of Murcia through the Ministry of Culture and Portavocía.

The agreement has as its objective the collaboration between Injuve and Microbank in the execution of the activities of the Microcredit Program developed by Injuve, whose purpose is to facilitate the access to a specific financing, in the modality of microcredit, for the purposes of The start-up, promotion and financial support of business projects as well as providing young people with Microbank financing products information.

Young entrepreneurs who are under 35 years old, who do not have the economic capacity to access the ordinary credit system, who are residents of the Spanish state, and, where appropriate, have the corresponding work permit to work for Account or are in a position to obtain it and receive the certificate of validation of the Company Plan by the communities and cities with Statute of Autonomy that adhere to the agreement.

Loans, without need of guarantees, for the financing object of this agreement will be subject to the following conditions:

- The maximum percentage of financing will be 95% of the total cost of the project, with each loan, if approved, a maximum amount of up to 25,000 euros.

-The amortization period will be 6 years, including 6 months of optional grace.

-The interest rate will be 6.25% and will remain fixed throughout the life of the operation.

-The opening fee will be 0%.

-The study fee will be 0%.

-The early redemption fee will be 0%.

From the Local Job Center for young people located on the first floor of the City of Jumilla, together with the Service of Economy and Employment, is attended, informs, advises and advises young people who request financial help for their business projects.

Microcredits for entrepreneurs and CLE for young people benefit from the support of the European Union.

Source: Ayuntamiento de Jumilla