Cooperatives, associations, rural development groups and social enterprises can apply for guarantee for loans in a bank. This is a model that have a substantial impact on the Social Economy in Sweden.
Cooperative, associations, rural development groups among others are in a bad position getting loans from the traditional finance system.
Mikrofonden is owned by its members who appoint a board at the annual meeting. The board overlocks the operational work over the year.
Mikrofonden Väst has since the start made approximately 60 investments. Losses are under ca 1% of the capital which in contrast is very low.