Social Investment
Who is eligible to apply?
all non-profit organisations including churches
How is financing provided?
- with long-term loans at favourable fixed interest rates, including repayment-free start-up years
- KfW does not grant loans directly to the investor but only via onlending banks. The investor is free to use a credit institution of his or her choice.
What may be financed?
in general, all social infrastructure investments that serve the achievement of a not-for-profit purpose, for example
- hospitals
- aged care homes
- assisted-living facilities
- outpatient nursing facilities
- workshops for the handicapped
- kindergartens, schools
- sports facilities
- cultural facilities
- Land that is a necessary element of the investment can be co-financed if its purchase does not date back more than 2 years.
Financing is not available for housing investments (exception: assisted living).
What proportion of the investment may be financed?
- up to 100% of the investment cost
- Maximum loan amount: EUR 10 million per project
Loan term
- maximum of 30 years with no more than 5 repayment-free start-up years
- when the loan term is up to 20 years, not more than 3 repayment-free start-up years
Interest rate
- fixed for 10 or 20 years
- The interest rate is based on developments in the capital market.
Collateral
customary collateral such as
- land charges
- assignment of machines as collateral
- guarantees (incl. municipal guarantees)
Combination with public funds
A combination with public funds is possible. It is not possible to apply for funds from the KfW Renewable Energies Programme at the same time.
Further Information
