Microbank (Spain)

Jorge Fernández is a twenty-three-year-old Spanish graduate in biomedical engineering from the Carlos III University of Madrid. With a keen interest in pursuing Master’s studies that would enable him to combine his interests in bioengineering and business, he found the perfect fit in the Imperial College London’s course on Medical Device Design and Entrepreneurship. On top of the academic knowledge that Jorge could perhaps also acquire partially in his home country, studying abroad and experiencing a different culture is an eye-opener for the Spanish young man. “I encourage all young people to explore the valuable opportunities offered by student mobility programmes – even if this involves seeking financing from your local bank. The best investment you can make is in knowledge, and a year abroad will enhance not only your education but also your social skills. You simply become a more valuable asset to society”, testifies Jorge.

Jorge received an EU-guaranteed loan from MicroBank, an EIF shareholder and the first financial intermediary to take advantage of the new Erasmus+ Master Student Loan Guarantee Facility (LGF) launched in 2015. As part of his Master’s course in London, Jorge will participate in the project of developing a medical instrument that might be commercialised if the initial work proves to be successful. The Erasmus+ loan also allows Jorge to be independent, without the need to rely on his parents support to pay the tuition and living expenses in the British capital. He firmly believes that completing this Master’s degree will improve his chances of finding a good job that fully suits his skills and qualifications. He might become an entrepreneur one day.

Would you like to know more about Jorge? Watch the video: https://www.youtube.com/watch?v=l9D1AeiJnm8 

EU-supported guarantee: Erasmus+ Master Student LGF

For further information about EIF intermediaries in Spain, please refer to:
http://www.eif.org/what_we_do/where/es/