Microcredit and support to enterprise creation in France: what is the situation of the entrepreneurs 3 years after

On 18 June 2014, the ILO, together with France Stratégie and the Caisse des Dépôts et Consignations, launched the results of a survey conducted in 2013 with 4 204 beneficiaries of microcredit in France. Professional microcredit and support services is a tool to help potential or existing entrepreneurs that are unemployed or/and excluded from traditional banking system.

The survey was conducted with beneficiaries three years after they received support from one of the five nationwide microcredit networks in France - l’Association pour le développement et l’initiative économique (ADIE), les Boutiques de gestion (BGE), France Active, Initiative France et Réseau Entreprendre. Results show that survival rate of the enterprise is high, with sustainable integration of the beneficiaries on the labour market.

For more information see the project The Social Impact of Microcredit in the European Context.