Chabaleu

The project aims at changing the perception of microfinance instruments in the EU-15. At the end of the project, members of administration and social partners perceive the new tools provided by the project as viable solution for supporting MSE. Guidelines for other regions in the EU-15 will be developed on this issue.

The design of the project further develops, implements and tests the innovative credit appraisal approach of the character based lending. ChaBaL.EU facilitates to adapt and adjust this successful approach in France, Germany and Greece, recommending concrete business strategies for the participating regions.

The project develops strategies for strengthening MSE as key economic players. Efficient financial instruments enable small enterprises without distorting the overall credit market. A significant contribution to equip small businesses to cope with restructuring is made.