LuxFLAG accepts and reviews applications on a first-come, first-served basis.
Investment funds wishing to apply for the LuxFLAG Microfinance Label should first review the Eligibility Criteria and consult with LuxFLAG in order to assess whether or not they may be eligible for the label.Next
All exchange of information will be subject to a NDA signature.Next
Applicants will receive an acknowledgement by e-mail within ten business days of receipt.
Applications will be reviewed and any additional information solicited if necessary. When the application is complete, it is presented to the Microfinance Label Eligibility Committee of LuxFLAG for analysis and recommendation to the Board of Directors.Next
Based on the recommendation, the Board of LuxFLAG will approve or reject the application.
If the application is complete and accurate, the process should take no longer than one month. A written notification of the decision will then be sent to the applicant.Next
Successful applicants will be required to pay a fee of Euro 3,000
upon receipt of an invoice and will have to sign a set of Terms and Conditions relating to the use of the LuxFLAG Microfinance Label.Next
The Label is granted for a period of one year and must be renewed.
To this end LuxFLAG will issue the MIV with an invitation to submit an updated application document before the expiry of its Label.Start Application