Macroregional differences in the diffusion of microcredit

Abstract

The contribution analyses ‘Macroregional differences in the spread of microcredit’, with attention to the context, reading instruments and policy implications. This contribution aims to verify, through data from the analysis of a dataset of microcredit programs, the presence of significant differences in the diffusion of social and entrepreneurial micro-credit between Italian macro-regions. Types of microcredit and organizational model It is typical only of Italy the distinction between social and entrepreneurial microcredit, contrary to the rest of Europe where only the entrepreneurial microcredit is recognized. The social microcredit (Brunori et al., 2014, Negro, 2013, Andreoni et al., 2013) intends, on the one hand, to offer concrete solutions to those who have temporary difficulties to cover unforeseen expenses. Moreover, it has not been possible to map with certainty all This prohibition has been abolished by the new art. 111 of the TUB, inserted by d. Looking at the volumes provided, there is a high incidence of failure to resort to guarantees in microcredit initiatives in the Mezzogiorno. Borgomeo &C0 Conclusions The microcredit market in Italy is very fragmented, developing for disconnected initiatives, through programs not always durable.

Keywords

banking system; innovative enterprises; social economy; governance; Italy; Europe

JEL codes

G21; G28; E44