The first micro-financing in Greece is a fact as of today as the first loan in our country was disbursed within a few minutes of the hour with a few clicks from the computer screen. Today, the Public Works Engineering Contractors Fund (TMEDE), presented the new microfinance institution, TMEDE Microfinance Solutions, which is also the first institutional institution of this category in Greece, licensed by the Bank of Greece.

TMEDE Microfinance Solutions offers integrated digital microfinance services, in collaboration with TMEDE throughout the Greek territory, providing working capital and investment purpose microfinancing, up to 25,000 euros for working capital loans and/or investment purpose loans, with zero loan costs. Partner bank is Attica Bank.

For the first phase of its operation, the clientele of TMEDE Microfinance Solutions includes only registered members of TMEDE, while in the following years the organization intends to expand its clients to other sectors as well.

TMEDE Microfinance Solutions will be able to participate in European investment programs, guarantee programs of the Development Bank or other co-financed programs.

The event, which took place in the main building of TMEDE, was honored with their presence: the governor of the Bank of Greece, Yannis Stournaras, the deputy governor of the Bank of Greece, Christina Papakonstantinou, the president of the Technical Chamber of Greece, Giorgos Stasinos, the governor of e-EFKA, Panagiotis Doufexis, the managing director of Attica Bank, Eleni Vrettou, the president of TMEDE Microfinance Solutions, Yannis Mahikas, the vice-president of TEE, Nikos Andredakis, the president of the delegation of TEE, Nikos Milis, the G.G. . of TEE, Lefteris Patavras, the president of Profile Software, Haris Stasinopoulos, as well as the presidents and members of the Board of Directors. of the Contracting, Research and Scientific Associations of the entire Technical World.

governor of the Bank of Greece, Yannis Stournaras emphasized: “The law on microfinance institutions aims to create a new pillar, parallel to the banking system, for raising funds from natural and legal persons who develop or have the possibility to develop a business/professional activity. This new pillar works in addition to and not in competition with the banks and comes to cover needs that the banks did not cover until now. In addition, this law provides the possibility of granting credits aimed at strengthening public policies or the social and economic integration of vulnerable social groups, in particular by covering costs directly or indirectly related to their education or retraining. The aim is to create new jobs, strengthen entrepreneurship, limit the shadow economy, promote a healthy business culture and support development».

The president of TMEDE, Konstantinos Makedos said: “The launch of TMEDE Microfinance Solutions marks our own, energetic response to the requirement to synchronize with the dynamics of changes and needs of the technical world. In today’s competitive environment, SMEs – mostly tech companies – cannot survive without a normal flow of funding. Attempting, every time, to foresee and to face the new challenges generated by the rapid economic, social, environmental and technological developments, as TMEDE Group we proceed with strategic choices that expand our business portfolio”.

Finally, the managing director of TMEDE Microfinance Solutions, Haris Agkyropoulos pointed out: “What really makes us stand out is our commitment to digital innovation. At TMEΔE Microfinance Solutions, we understand the importance of ease of use and accessibility in today’s fast-paced world. Our entire range of services is available through our innovative mobile app, enabling a seamless and efficient experience from start to finish.”