Quantitative analysis of the impact of the secured personal microcredit scheme

Quantitative analysis of the impact of the secured personal microcredit scheme
Agency for the Valuation of Socio-Economic Initiatives (AVISE)
12 month December 2011 – December 2012

Personal microcredit is designed to meet the financing needs of people with a project (driving license, vehicle purchase or repair , training, etc.) and an ability to repay but unable to fund their needs by using conventional credit or welfare benefits (ineligibility of the need or socioeconomic status of the person ). Microcredit is therefore a tool crossing both economy (it is a loan) and welfare (borrowers supported by social workers or associations, low interest rates, loan guarantee up to 50 % by Social Cohesion Funds managed by the Deposit and Consignment Office). It can directly or indirectly contribute to improving the situation of beneficiaries in areas as diverse as employment, housing, health, family cohesion, or banking inclusion.
Since 2008 Avise has been providing support for the Deposit Office in the development of microcredit and wants to take stock of the experience conducted with personal microcredit since 2005 by implementing a thorough assessment of the impact of the scheme in collaboration with COMPTRASEC and George Gloukoviezoff (2G Research). COMPTRASEC brings its expertise mainly to the quantitative dimension of the project, to proceed to the implementation and operation of a statistical survey of a sample of nearly 1,500 respondents, representative of those who had used the scheme since its introduction.