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Crédal


created in 1985, CREDAL is a cooperative which offers loans to non-profit making organisations in the French-speaking part of Belgium. It provides transparent saving, allowing projects which fight against social exclusion to be funded.

crédal includes more than 700 cooperative members, for more than € 7,000,000 saved. Crédal mainly offers loans to bodies with a social purpose, as well as risk capital.

crédal -MC2 offers micro loans (maximum € 10,000) to people who want to create or develop their own employment and cannot obtain a traditional bank loan..


Key figures (31/12/02)
Equity: € 1,100,000
Total assets: € 8,248,000
Employees: 15


Contact details
Crédal SC
E-mail : credal@credal .be
Tel : 00-32-(0)10-48.33.50 - Fax : 00-32-(0)10-48.33.59
Website : www.credal.be
16, Place de l’Université - 1348 Louvain-La-Neuve - Belgium


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  European Federation of Ethical and Alternative Banks and financiers