Beruflich Dokumente
Kultur Dokumente
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MicroBank was created in 2007 as part of the
“la Caixa” Group
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Community Projects: the most contemporary value
The soul of
“la Caixa
Budget (MM €)
500 500 500
400
Budget 2010
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MicroBank, 3 years promoting microcredit
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MicroBank: a strategic venture
MicroBank
MicroBank was set up to channel “la Caixa”’s “social banking”
business. The aim was to promote this work through a single
financial institution in the group that acts based on the
parameters of specialisation, strictness and sustainability
appropriate to a banking institution.
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MicroBank: a strategic venture
Strategy
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MicroBank: a strategic venture
Start of business
June 2007
It is being set up at a time of special need and
social sensitivity
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MicroBank: 3 years promoting microcredit
• Promotes:
• Productive activity
SOCIALLY-MINDED
• Job creation
• Personal and family development
*Data at 31/10/2010
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How does it carry out its business?
Microloans with
Lending products: microcredit Liability products
security
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And with the support of more than 400 partners
• … of different types:
• Knowledge about potential beneficiaries
universities, town/city councils, NGOs,
entrepreneur associations, etc.
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Providing opportunities for micro-entrepreneurs …
Amount up to €25,000
% financed up to 100%
Guarantee No collateral*
Period 5 years
Requirements:
Business plan so a feasibility study
can be conducted Start-up
Education and
For people with a yearly income of less Other health
than €18,000 and with family needs,
allowing them to get through Disability
difficult times
Housing
Amount up to €25,000
Family
Guarantee Without collateral needs
Period 6 years
Transport
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MicroBank: Current customer profiles
% Microloans by beneficiary’s employment situation
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MicroBank: Current customer profile
% Microloans by entrepreneurs’ country of origin
SPAIN
SOUTH AMERICA
REST OF EUROPE
NORTH AMERICA
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MicroBank: Current customer profile
% Microloans by age group
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MicroBank: Current customer profile
% Microloans by gender
WOMEN MEN
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MicroBank: Statistical information about the portfolio
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Ensuring the project’s sustainability
MicroBank
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Collaboration with European institutions
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Microbank enjoys the support of European institutions
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European institutions
… AND GREATER
… It enable us to carry out a strategy to rapidly
SCOPE FOR ITS
expand our business.
BUSINESS…
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Social impact of MicroBank’s activity
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Social impact of MicroBank activity
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Social impact of microcredits
16,259 SUCCESSFUL
CONTRIBUTION TO JOB CREATION
FINANCED PROJECTS
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Lessons Learned
Specialisation
Carrying out a highly specialised activity in microfinance allows improving efficiency in
2. management and makes sustainable an activity that has a social impact and that the rest of
the banking system generally rejects due to the lack of profitability.
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Thank you very much
www.microbanklacaixa.es
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