Microcredit & Social Microfinance Solutions | ALTIS BANK
Social financing solution from ALTIS BANK with microcredit from €300 to €5,000. Promoting financial inclusion for small personal and professional projects with dedicated support services.
Microcredit - Social Financing Solution
The ALTIS BANK microcredit is a social financing solution designed for individuals with limited access to conventional bank loans. It enables financing of small personal or professional projects through adapted loan amounts with structured support programs.
Supported by a social advisory and monitoring network, microcredit promotes economic integration and enables realization of essential projects: vehicle acquisition for work mobility, creation of micro-enterprises, or professional reintegration initiatives.
Microcredit Terms and Conditions
Financing Amount
From €300 to €5,000
Amounts adapted to project needs
Repayment Duration
From 6 months to 5 years
Flexible repayment periods
Annual Percentage Rate
From 2.8% APR*
Preferential social interest rate
Credit Guarantee
Social Guarantee Funds
Solidarity guarantee mechanisms
Your Microcredit Advantages with ALTIS BANK
- Financial Accessibility : Access for individuals excluded from conventional banking systems
- Personal Support : Individual guidance and continuous project monitoring
- Social Interest Rate : Preferential terms with social solidarity purpose
- Diverse Project Types : Personal, professional, or reintegration projects
- No Additional Fees : No processing fees or early repayment penalties
Access Requirements and Eligible Projects
Access Prerequisites
- Limited access to conventional bank loans
- Economically viable and socially coherent project
- Financial exclusion or precarious social circumstances
- Willingness for social support structure
Eligible Project Categories
- Vehicle acquisition for professional mobility
- Micro-enterprise creation or self-employment
- Professional training or qualification programs
- Purchase of essential household equipment
Required Documentation and Evidence
Personal Circumstances
- Valid identity card or passport
- Current proof of residence (less than 3 months old)
- Proof of financial resources and income
- Social circumstance certificates from authorities
Project Documentation
- Comprehensive description of financing project
- Cost estimates, pro forma invoices, or quotations
- Detailed financing and budget plan
- Proposed repayment and amortization schedule
Social Support
- Recommendation letter from social worker or counseling service
- Complete project presentation portfolio
- Written commitment declaration for support acceptance
- Project-related references or credentials
A credit commits you and must be repaid. Carefully check your repayment capacity before committing yourself.
Legal Information and Contractual Terms
- *APR Example: For a social microcredit of €2,000 over 36 months at 7.5% APR, you pay 36 monthly installments of €63 each, totaling €2,268 including credit costs of €268.
- Access Eligibility: Reserved for individuals in precarious circumstances or excluded from conventional banking systems.
- Social Support: Mandatory supervision by accredited social workers or recognized social welfare associations.
- Guarantee Mechanism: Solidarity guarantee fund without requirement for personal sureties or collateral.
- Purpose Restriction: Use of funds exclusively according to declared and approved project purpose.
Realize Your Social Project with Microcredit
Apply for your social financing - Supported and accessible