The disaster, for Micheline Dechelotte, arrived in January 2009 on a country road between Angouleme and Barbezieux-Saint-Hilaire (Charente).
Car Breakdown. An annoying event for everyone, but which turns into a real “galley” when living in a village in Charente, poorly served by public transport, with just 400 euros of monthly income.
Micheline, 53, attended the small solidarity grocery store, located at the socio-cultural center of Barbezilien. Luckily, the association is one of twenty or so partner organizations of the microcredit Poitou-Charentes. Since February 2007, this system has allowed residents of the region, excluded from the traditional banking system, to take out a loan http://suitedesign.ca/virtual-home-staging/ to make a project a reality or face an unforeseen event.
In a few days, Séverine Chabeauti, head of the family sector and insertion of the center obtains for Micheline a loan of 3,950 euros repayable over 60 months. Since then, she has bought a used car and landed a job in an integration contract. It now has 900 euros monthly, out of which 71.86 euros of reimbursement are deducted.
In 2009, out of 25 applications, 14 microcredit cases were completed through the Social Center of Barbezilien.
Half of the beneficiaries come from Barbezieux (5,000 inhabitants). The rest is spread over the cantons of Baignes (1,300 inhabitants) and Brossac (600 inhabitants). ” When we started, in October 2007, we thought that if we made eight loans http://simb.net/making-the-powerbook-trackpad-useful/, that would be good,” Séverine Chabeauti explains, ” we were quickly overwhelmed by the demands of the parties .”
Almost all loans http://still4hill.com/2017/11/03/statement-from-hillary-clintons-office-on-campaign-finance/ are linked to “mobility”: vehicle purchase or repair, driving license. The rest is used for housing (deposit, repairs …). Thanks to the microcredit, Sylvie David was able to finance https://theurbannight.com/2015/10/03/audierne-france-council-looks-to-save-money-through-changes-in-lighting/ the purchase of a second-hand wood stove. With a rest to live from 572 euros, once deducted his fixed costs, impossible for this fifties to pay the 900 euros needed to ensure a minimum of comfort in his home. Given its budget, she opted for a refund of 27 euros for 48 months.
Flexibility is one of the strengths of the device. The amount of the loan http://medicare-supplement.us/blog/how-to-get-medicare-supplement-when-you-are-losing-employer-insurance is variable (between 300 and 4,000 euros), as the duration of the repayments (from 6 to 60 months). The absence of fees, the speed of release of funds and interest capped at 4.5% reimbursed to the beneficiary by the region at the end of the loan http://lasttokengaming.com/telltale-twd-s3-ep4-thicker-than-water-review/ – which makes the device a loan http://www.pr-architects.co.uk/projects/commercial/light-industrial-units-loughton-essex/ at 0% – explain the success microcredit Poitou-Charentes. Since February 2007, 1,016 people have benefited for a total amount of 2,130,109 euros.
This device also allows, beyond the simple release of funds http://entrepreneurblogspace.com/2015/09/podcast-series-exploring-napolean-hills-philosophy-think-grow-rich/, to initiate life changes or regain a little self-esteem. “The study of the file makes it possible to make a point with the household on its budget, on its expenses, even on the aids of which it can benefit”, explains Séverine Chabeauti. Microcredit also helps to bring together the partner banks – Credit Mutuel, Credit Agricole, Caisse d’Epargne and Banque Post – and an audience with solvency often deemed too weak by its same organizations. “To reconcile the two parties”, the head of the association presents the file to the bank in the presence of the future beneficiary. A way of empowering households. The process pays. Since the implementation of the scheme, only one beneficiary has not repaid the loan http://hawaiinewsdaily.com/2011/10/the-new-reality-for-u-s-cities-no-money-for-street-lights-roving-packs-of-wild-dogs-and-open-air-drug-markets/.