Microcredit in France: social work or profitable operations?

Microcredit in France: social work or profitable operations?

“As opposed to developing countries, no microfinance provider in France bal­ances its accounts solely on the basis of the financial income from this activity.”1 This is the conclusion drawn up by the International Labour Of­fice in 2015, which paraphrases the analysis...
KEY FIGURES OF FINANCIAL INCLUSION | FRANCE

KEY FIGURES OF FINANCIAL INCLUSION | FRANCE

Personal microcredit: a springboard to paid employment Unlike its “professional” counterpart, the “personal” microcredit does not have a purpose directly linked to employment as it does not finance business creation. In France, the law states that it must finance...
Blockchain and microfinance: hype or promise?

Blockchain and microfinance: hype or promise?

In April 2018, 73 people in Sindhu­palchowk, Nepal, received 583,000 Nepali Rupees (approximately 5,500 dollars) using Sikka, an appli­cation funded and created by World Vision’s Nepal Innovation Lab. This was like any other cash transfer in a disaster-striken...