Action Finance Initiative (AFI) is a microfinance not-for-profit Company with a mission to:

  • Fund entrepreneurs, who do not have access to credit from mainstream banks, especially the unemployed and people on welfare,
  • Support entrepreneurs before, during and after the creation of their enterprise in order to ensure its sustainability and development,
  • Advocate for a more suitable fiscal and institutional environment for microcredit and entrepreneurship to flourish.


To improve the sustainable livelihoods of our beneficiaries and to be the leading microfinance organization throughout Greece.



Why Afi

Romina - Fashion

Costas - Tourism

Dimitris - Agriculture

About Us


Funding up to €12.500
Repayment up to 48 months
Grace period up to 6 months
Purchase of Pancretan Cooperative Bank’s stock worth €40
7,1% fixed annual interest rate for investment loan and 7,6% fixed annual interest rate for working capital loan
Guarantor for the 50% and up to €3.000

Business Support

Prior the disbursement of the microloan, we offer support for the preparation of a 3-year profit & loss statement (P&L) and a cash-flow analysis. At the same time we identify the needs of the entrepreneur and we identify the entrepreneur's training and business support needs and we pair him with a volunteer-mentor who will cover these needs either before and/or after the approval and disbursement of the microloan.

Possible Examples of Funding

Χρηματοδότηση για ανανέωση στοκ - κεφάλαιο κίνησης

Stock Renewal

  • Loan Amount: 4.000€
  • Repayment period: 18 months
  • Grace period: 2 months
  • Monthly installment: 264€
  • Total interest: 269€
Χρηματοδότηση για marketing και προώθηση - κεφάλαιο κίνησης

Marketing & Promotion

  • Loan Amount: 6.000€
  • Repayment period: 36 months
  • Grace period: 3 months
  • Monthly installment: 203€
  • Total interest: 782€
Χρηματοδότηση για αγρότες και αγορά σπόρων - κεφάλαιο κίνησης

Purchase of seeds

  • Loan amount: 3.000
  • Purchase of seeds
  • Repayment period: 20 months
  • Grace period: 3 months
  • Monthly installment: 187€
  • Total interest: 231€
Χρηματοδότηση για αγορά εξοπλισμού - κεφάλαιο κίνησης

Purchase of equipment

  • Loan Amount: 10.000€
  • Repayment period: 48 months
  • Grace period: 6 months
  • Monthly installment: 272€
  • Total interest: 1800€