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Action Finance Initi a ti v e. _ mic r ofina n c e in G r e e ce _ ww w . a fi.o r g . gr. Me e t the K OIN.SEP R o k ani. AFI - A c tion Fi nan c e Initi a ti v e 2. Sna p sho t o f ou r activi ties. 5 9 2 i n f o rmed 2 4 4 t r ai n ed 1 5 6 i n t e r vie w ed 45 a p p r o v ed.
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Action FinanceInitiative _microfinancein Greece_ www.afi.org.gr
Meetthe KOIN.SEPRokani AFI-ActionFinanceInitiative 2
Snapshot ofouractivities 592informed 244trained 156interviewed 45approved AFI-ActionFinanceInitiative 3
Based onall approvedloans 45 COMPANIES 361,650€ Total credit 97 JOBSCREATED WorkingCapital 206,660€ Of theapprovedprojects: 38%female–62%male 20+77 PREVIOUSLY UNEMPLOYED (directly&indirectly) 154,990€ Investments
Meetfemaleentrepreneurs 5 AFI -ActionFinanceInitiative
Businesssupportservicesprovided Get Started Sessions BusinessModelCanvasmodule BusinessPlanningBasicsmodule BusinessPlanningAdvancedmodule OnlineMarketing&SocialMedia UX/UI module Exports Licensing Mentoring
Meetthe Frinkteam AFI-ActionFinanceInitiative 7
RiskManagement 0 % Bad Debt Despitethecapitalcontrolsandthebankingfreezeduringsummer!
Newpartnership withUKcharity • AFIwasselectedasthepreferredpartnertoperform theselectionprocessanddisbursement • Bundlegrantsandmicroloansforthefirsttime • Partnershipiscurrentlyfinalized • Goalistolaunchin June2016 • Target:100loans/grantscombined • Thecharityisresponsibleforfund-raisingthegrants • portion
SelectedbytheEuropean InvestmentBank Asarecognitionforthequality of thelaunchof the organizationand theservicesprovided, AFIhas beenawardedsponsoredtechnical assistance,trainingand bestpracticessharingforoneyear deliveredbytheEuropeanMicrofinance Network, MicrofinanceCenterand FrankfurtBusinessSchool. Start-up Total EU Recipients Greek Recipients Recipients 24 + 1
Meetourexporters 11 AFI-ActionFinanceInitiative
PilotYear2targets Fund Train Fixed branches Inform 400 150 100