An Act to establish Mutuelle de microfinance (Québec)

AS there is reason to allow a microfinance mutual to be established to meet the needs of individuals who have difficulty gaining access to financial products and services adapted to their reality;

AS it is appropriate to create a solidarity-based financial tool;

AS the mutual’s mission should also include improving financial literacy among individuals who have difficulty gaining access to traditional financing networks;

AS it is appropriate to facilitate access to financial products and services and establish an assistance and education process for such individuals;

AS the non-profit organizations known as the Fonds d’emprunt économique communautaire (Québec) and Fonds 2 propose to transfer a significant part of their lending activities to the mutual;

Website:

Pages:

20

Publisher:

Québec Official Publisher

Place:

Quebec, Canada

Author:

Mr. Dave Turcotte

Date:

December 7, 2012

Media Type:

Report

Category:

Microfinance