Kredietunie Kennemerland is a financial cooperative founded on the principle of "by entrepreneurs, for entrepreneurs." Its mission is to stimulate local economic activity by providing business loans (typically up to €250,000) to SMEs that may have difficulty securing financing from traditional banks. The capital for these loans is provided by the members of the cooperative—other successful entrepreneurs—who also contribute their expertise and network by acting as coaches for the borrowing businesses. This model combines peer-to-peer funding with mentorship to foster sustainable growth for local enterprises.

Founded in

Netherlands