Human Rights Measure
KfW Special Program Extension
The Federal Government and KfW, “one of the world’s leading promotional banks,” announced the extension of the “KfW special program,” originally launched in March 2020 “until December 31, 2021.” The March 2020 plan was “available to both small and medium-sized companies as well as large companies” that had temporarily encountered financing challenges resulting from Coronavirus. Changes to the program going forward include “giv[ing] companies additional planning security by extending the KfW special program, including the KfW quick loan, to December 31, 2021,” “support[ing] companies in the future with much higher maximum loan amounts for small aid,” and “increasing the credit limit” for entrepreneur and start-up loans.