More than just money
The social enterprise has benefited from a EUR 25 000 microloan from SIS Credit, the leader in microfinance and social finance provision in Bulgaria. With a 6-month grace period, a 60-month maturity and a 0.95% annual interest rate, the terms have been “really advantageous and competitive” compared to banks that offered the social enterprise the same products starting at 4.0% interest rate per year.
Infinite Games Ltd (IG), 100% property of IOA and the legal entity that sells the products and financially support the activities of IOA, has invested the whole amount into the initial production of the game. As a result, it can sell and operate in five countries across the EU: in Bulgaria, Spain, Germany, Belgium and the Netherlands.