Brave Circle Fund – For A Fast Recovery

Created to help the Italian region of Emilia-Romagna, ravaged by several earthquakes last May, the fund’s mission is to provide small loans to those who would otherwise not have access to traditional bank lands

“As an entrepreneur,” said Renzo Rosso, president of the Only The Brave Foundation, “I chose to help in the only way I know: stimulating co-responsibility, in a sustainable manner.”

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Facts and Figures

  • 5M € initial investment
  • 7 years is the deadline to repay the credit
  • 25M € available after leverage by banks
  • 25K€ is the average for a small business microcredit
  • 5 - 10K€ is the range for a family microcredit
  • 35 - 50K€ is the range for a cooperative microcredit

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