BGK: Loans exceed PLN 100 mln threshold in Social Economy Program

As part of the Social Economy Program (PES), thanks to which non-governmental organizations, cooperatives, and non-profit companies can apply for cheap loans and loan guarantees, Bank Gospodarstwa Krajowego (BGK) has so far supported 900 beneficiaries with loans with a total value of approx. PLN 100 million and also created almost a 1,000 new and maintained 1,500 existing jobs, the bank said.
“The Social Economy program is a very attractive loan and guarantees for social enterprises that are to strengthen their economic potential,” Aleksandra Kwiatkowska, the director of the Office for the Development of Financial Instruments at BGK, said.

(ISBnews)