The agreement between the City Microbank and facilitate the lending of small amounts aimed at those with difficulty accessing traditional credit system, since, through the municipal councils will not need a guarantee, because
the criteria for granting micro-credits will, in essence, to trust in the person and feasibility of projects to fund, customers can access them devoid of assurances and guarantees required by the traditional financial system.
This initiative aims to promote personal projects, family and self, and to support and encourage the creation of innovative projects for people with entrepreneurial spirit.
"The decision to formalize this agreement came about through the commitment of the City to be done in the municipality's citizens more bearable current crisis" as the Mayor of the town of Blanca, Rafael Laorden, who claimed that "any person help enterprising , small businesses or self-in micro-lending, to develop a business project, promoting the social economy and boosting economic development in our town "
Source: Ayuntamiento de Blanca