Investment & Fund Management
European Investment Fund Partner
Full Credential Description
Antonio, who previously worked as a waiter in a restaurant in Armação de Pêra, faced challenges in improving his working conditions due to the lack of a formal work contract and the restaurant's occasional difficulties. With a desire to enhance his situation and leverage his experience in the restaurant industry, he sought a loan from the Portuguese microfinance provider Millennium BCP to open his own restaurant.
With a loan of EUR 7,000, combined with his personal savings, Antonio successfully opened a small snack bar on the beach. His establishment, which features seafood and traditional Portuguese treats, quickly became popular in the village, allowing him to pursue his dream of owning a restaurant while enjoying the work he loves. This venture not only improved his personal circumstances but also contributed to the local economy by providing a new dining option for residents and tourists alike.