COFIDES's Social Impact Fund has granted a €1.2 million loan to Treball Solidari to enhance job opportunities for migrant women through their Confía program.

Target Information

On October 30, 2025, the Social Impact Fund (FIS), managed by COFIDES, announced its inaugural loan to a non-governmental organization, Treball Solidari, amounting to €1.2 million. This landmark transaction underscores FIS's commitment to the third sector and the social economy, aiming to enhance job opportunities for migrant women.

With this funding, Treball Solidari plans to expand its Confía program, which provides social microcredits to support self-employment for vulnerable women entrepreneurs. This initiative addresses the significant market failures regarding financial access for women, enabling them to gain economic independence through small businesses while promoting social integration and reducing inequality. Since its establishment in 2011, Treball Solidari has disbursed €3.5 million in funding, benefiting nearly 1,000 women through over 2,000 operations.

Industry Overview in Spain

Spain has increasingly recognized the importance of social enterprises in addressing unemployment and social inequality, particularly among marginalized groups such as migrants and women. The