Spreading the Word – Germany's KfW Development Bank is Ready to Lend

Economic stimulus packages in Germany mean there's a total of 40 billion euros up for grabs - and it's up to the KfW, the bank that transferred 300 million euros to Lehman Brothers shortly before its bankruptcy, to distribute it. Preferred candidates are businesses that have suffered as a result of the global credit crunch. But so far, only 1,500 firms have requested help to the tune of around six billion euros. Very few small and medium-sized businesses are aware of just how the KfW can be of assistance, and that's why the bank has decided to take its message - by bus - to 64 German towns and cities, and take the money to the people. Alexa Meyer visited the town of Schwerin in the state of Mecklenburg-Vorpommern, and spent the day with KfW consultant Stephan Gärtner.

DW-World | June 30, 2009

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