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Monthly Archives: December 2018

Solutions for people who do not have access to personal loans

Personal microcredit

The mortgage loan for banned bank owner

This type of loan created in 2005 as a result of the social cohesion plan is dedicated exclusively to debtors who still have the possibility of repayment but who do not have access to conventional bank loans for various reasons.

The social microcredit is for the excluded of the banking circuit, in other words those that the traditional bank has rejected.

If a person can no longer make credit for lack of income, fixed employment, or even bank bans, microcredit is perhaps the ultimate backup solution.

It is organized by financial institutions accepted by the Social Cohesion Fund, voluntary associations such as the Red Cross, Restos du Cœur, Secours Catholique, but also social workers and other networks belonging to Caisse des Dépôts.

A great help

 Whether you have a personal project in mind, whether you are looking to reintegrate into society or want to access or keep your home or job, personal microcredit will be a great help.

However, it is not intended to fill an overdraft or under the repurchase of credit, nor to satisfy the needs related to consumption.

It must be the purchase of a basic good such as a household appliance or a boiler that no longer works, health costs such as dental care, glasses or other. Personal training, driving license and vehicle purchase can be financed by this loan

Family events generate fees and the personal microcredit is able to take care of them, including legal fees during divorce proceedings or funeral expenses. The specialized body can lend an amount of between 300 euros and 3,000 euros and can even go up to 5,000 euros in certain exceptional situations.

The repayment period depends on the financial capacity and the project and can range from 6 months to 36 months, or even more depending on the particular case. It is essential that the debt ratio does not exceed 4%. The consumer does not bear any fees or insurance, let alone penalties in the event that he reimburses in advance.

The CAF loan of honor

The Family Allowance Fund assists people in need through social benefits, but it also has the possibility of granting the loan of honor for the unemployed in temporary financial difficulties. Whatever the reason for your claim, you must receive family benefits and have at least one dependent child or a current pregnancy.

It is important to build a solid case by accurately justifying the project you want to implement as well as your resources and needs to qualify for the loan of honor. The lower the family quotient and the higher the number of children, the more likely that CAF will give you a sum of money.

On the other hand, you must prove that you have the necessary budget to repay to the deadlines fixed by the Family Allowance Fund according to your financial capacity. To help you get this loan, you can contact a social worker to start the application.

Conditions to fulfill

If the conditions of attribution are fulfilled, it will constitute the file which will be examined by the Commission of financial aid of the Board of Directors of the Family Allowance Fund.

It is really the difficulty of the current situation of the recipient who is analyzed, and hence will result, or not, the payment of a loan at zero rate that will be refunded. The maximum amount of the loan of honor is fixed at 1 830 euros and it can be increased to 3 500 euros in exceptional cases.

The refund is made by deductions on family benefits, at most in 36 monthly installments of a minimum amount of 30 euros. Finally, in the case of large receivables, the loan is granted only if it allows the entire debt to be cleared.

The loan of furniture equipment from the CAF

loan of furniture equipment

The Family Allowance Fund grants a loan to families who build in a new home and who can not afford to furnish it or equip it with household appliances and essential equipment such as the refrigerator, the oven, the hob, a table and chairs or a bed.

Households that are already installed can also use CAF’s loan of furniture equipment if it turns out that the equipment is no longer working. This credit allows you to finance furniture in several installments through small monthly installments adapted to your budget.

This help from the Family Allowance Fund is reserved for people in precarious situations who can not buy essential goods for the well-being of their family. The priority rule is to collect the family benefit from the CAF and not to exceed 750 euros of family quotient before applying for a loan to buy furniture.

No automatic assignment

The loan of furniture is never automatically allocated and you must file a social assistance file with the Family Allowance Fund in your area. Your application will then be reviewed by a credit commission which will require you to provide an estimate.

The sum granted by the CAF will then be paid directly to the merchant and differs according to the nature of the equipment. Indeed, the loan will of course not be the same for the purchase of a bed as to change a washing machine.

The recipient is thus forced to conduct a small market study to avoid paying too much for the article because the CAF does not authorize credit for equipment that exceeds the ceiling. In addition, the beneficiary is obliged to pay at least 20% of the price of the item when it is purchased in advance from the supplier.

It is then that the loan holder transmits the invoice to the Family Allowance Fund which will reimburse the merchant once the supporting documents have been received.

On the other hand, you have two months to send them to your welfare center. You can not accumulate furniture purchase loans but you are allowed to file another application six months after repaying the first loan in full. The loan can go up to twenty monthly payments with a minimum reimbursement equivalent to 16 euros.

Financial aid from Pôle Emploi

The unemployed who are registered or not at the Banque de France can benefit from the financial support of Pôle Emploi. For that, you obviously have to be on the list of jobseekers.

The aim is to find work again, by helping the unemployed to find a solution to the financial obstacles that the job search can represent. It is thus possible to pass the driving license thanks to Pôle Emploi. Indeed, the organization wants you to get a job and without a vehicle, it is unlikely that your situation is getting better.

Pôle Emploi then grants a credit of up to € 1,200 if it has been registered for more than six months with its services and receives the Active Solidarity Income or the Return to Minimum Employment Allowance.

In case you live in a geographical area with poor public transport can be a reason for help, as soon as it is noticed by your advisor. If your request is accepted, Pôle Emploi will pay the financial aid directly to the driving school.

Pôle Emploi can also help you with transport or moving assistance so that you can find a job. This type of loan makes it possible to overcome the financial difficulties and to stop depriving oneself of taking public transport because of the lack of available budget.

It also allows you to move closer to a department or city where the job offer is more consistent.

Loan between individuals for tenant banking forbidden

Loan between individuals for tenant banking forbidden

Just look for a lender who pays off your debts and accept that you repay him little by little. The interest rate can only be advantageous since it is negotiated between you within the limits of the rate of usury set by the Banque de France each quarter and taking into account your repayment capacity.

You must establish written proof that lists all the conditions of the loan. This includes the total amount, the repayment term, the cost of the monthly installments, the interest rate, the agreement and the signature of each party. You can draw up the contract under private seal or do it in front of a notary for more precaution.

In any case, it is better to make two copies for each one. In case of conflict, each protagonist can assert his rights with the support of material evidence.

The mortgage loan for banned bank owner

The mortgage is a right taken by a creditor on a new or old building, in order to guarantee a debt. The forbidden bank owner always keeps possession of his property.

It can use the rechargeable mortgage that allows it to reuse an existing mortgage and partially refunded to secure a new credit. The mortgage life is another financial solution for a bank forbidden owner who could not be granted a traditional personal loan.

This is a loan secured on real estate, refundable upon death or the owner’s move. The loan is paid in the form of an annuity or capital, while the debt will not exceed the value of the property on the day of repayment.

These measures make it possible to open up borrowing capacities for banking prohibitions with real estate assets but little income. The credit is not only calculated on the income and therefore the debt ratio of the borrower, but also on the value of the property put in guarantee.

Crowdfunding, The Ban Starts ” We Give Strength to Common Goods”

Crowdfunding: we give strength to the common goods . This is the theme of the 2017 tender for crowdfunding projects launched by the Banca Etica Group.
With the announcement we intend to support initiatives of the Third Sector, of female entrepreneurship 1 or of youth entrepreneurship 2 times for the valorization of assets (buildings, premises, land and infrastructures, public or private for public purposes) for the start or enlargement or the management of reuse, reconversion or redevelopment projects for social, cultural and environmental protection purposes .


What guarantees the selection of the Crowdfunding call

  • Access and exclusive presence on the Rete Etica Network in Produzioni dal Basso for the duration of the collection scheduled from 6 November to 22 December 2017 .
  • Visibility and promotion on the Bank’s website and through newsletters and other communications for the entire duration of the call (at most 90 days except for extensions decided by the Organizers).
  • A training meeting dedicated to designers in videoconference mode, to accompany publication and maintenance activities in the project platform.
  • A contribution from the Fund for Crowdfunding by Etica Sgr to all the projects that will reach at least 75% of the budget, integrating the total amount of the collection up to 100%. The contribution in absolute value can not in any case exceed 7,500 euros , remaining subordinate to the overall capacity of the Fund defined for the specific call and will be paid to those entitled, only at the total deadline of the call as scheduled. The projects, which will autonomously reach full collection with the public, will benefit from favorable conditions on the products and services of the bank .
  • A further period of stay in the Network Banca Etica , after the announcement and for another month , if the budget is not reached, but the project proves to have collected at least 50% of the budget collection : this opportunity will not give the right to the next contribution part of the Fund up to 25% of the remaining budget.

Phases and timing of the Crowdfunding announcement

  1. From September 25th to October 22nd 2017 on the page, applications for crowdfunding projects consistent with the requirements and with the subject matter of the call can be sent .
  2. Within the month of October the internal commission will select up to a maximum of 15 projects . Following this, Banca Etica will communicate by e-mail the result of the evaluation to all the participants and the operational indications for the final phase.
  3. The finalist projects will be able to raise funds in the Banca Etica network on the Produzioni dal Basso (PdB) platform from 6 November to 22 December 2017 .



The theme of the announcement

Planning will be taken into consideration for the development of activities or services for the benefit of the community within spaces managed directly by the proposing subject. The real estate must be fully available to the proponent The interventions for the enhancement of the assets will be in a preferential, but not exclusive, real estate in which there is already a redevelopment project for social purposes through public evidence (eg assets confiscated from the Mafia and specifically assigned or other public tenders, eg the management of Anas canton houses) or local and private calls (such as, for example, redevelopment projects of the Railways, assignment initiatives by ecclesiastical bodies or local institutions and administrations) . Assignments (on free loan, from free multi-year concessions or enhancement, other methods of assignment to term) must already be effective at the time of application, as documented by the property or self-certification by the proposer.

Those already involved in the project presented will be privileged , the initiatives that involve assets already available to the public or that integrate services already in operation.

Interventions for the acquisition of assets and resources as well as investments for restructuring, re-use or redevelopment will also be allowed.

Therefore , investments, either tangible or intangible, that do not have a direct relation or purpose instrumental to the realization of the intervention will be excluded .

For all applications it is required that the estimated budget (total cost of the campaign and all related charges) ensures full expected operation and its sustainability over time.

To whom it is addressed

Third sector organizations, cooperatives and companies with female and youth entrepreneurial requirements are invited to participate. The winning organizations are already established at the time of the call for tenders (also in start-ups or in the spin-off phase of established organizations) and are members of the bank or otherwise commit themselves to becoming one; from the operational point of view, the opening of the current collection account at the Bank will be a binding technical condition.

Project selection criteria

Third sector organizations, cooperatives and companies with female and youth entrepreneurial requirements are invited to participate. The winning organizations are already established at the time of the call for tenders (also in start-ups or in the spin-off phase of established organizations) and are members of the bank or otherwise commit themselves to becoming one; from the operational point of view it will be in fact a binding technical condition to open the current collection account at the BancaI projects will be selected by an internal commission to Banca Etica, which will carry out its assessment by comparing the different applications according to the following criteria:

  • relevance to the announcement;
  • overall quality and originality of the project;
  • quality of the communication plan and ability to activate promotion networks and a community of interest to the specific project;
  • the economic sustainability of the project as represented in the budget also with respect to the objectives of the collection and the development prospects starting from the project idea;
  • the overall expected social and environmental impact, expressed through quantitative and / or qualitative indicators, with respect to the objectives envisaged by the project;
  • previous crowdfunding experiences in partnership or for other projects;
  • overall consistency with the values ​​and objectives of Banca Etica, as summarized in Article 5 of the Bylaws (cr. Banca Etica: who we are ).

Application documentation

They are foreseen as mandatory attachments , in the Format of the application which must be complete and correct in its main information:

  • the Project in synthetic form but complete (up to 2 standard folders) with description of the proponent that highlights their experiences with respect to the activity in question (eg references and network of partnerships activated, previous crowdfunding experiences, skills or competences in the construction of network or management of online communities and activities in social media, etc.);
  • the Budget or economic-financial plan for forecasting and managing project expenses (including campaign costs or activities related to crowdfunding, any rewards, service costs, etc.);
  • the Communication Plan or explanatory document on the support action for the planned fundraising, creation and management of the support community, reward-reward system studied in this regard and every element that helps in the promotion of the initiative;
  • the Document or self-certification attesting the availability of the asset by the proposing subject.

Savings, A Tool For Sustainable Development For The Future

Savings , a useful tool for the social and civil development of the country . This is the thought of 80% of Italians who, despite the context of uncertainty, continue to save money to be able to look to the future with tranquility and wisdom .

These are some of the considerations that emerge from the survey on Italians and the savings of Acri-Ipsos presented on the occasion of the 94th World Savings Day . Specific theme of this Day, which falls every year on October 31, is the ” Ethics of saving and development “.

Data from the survey on Italians and Savings

The results of the survey confirm that the tension to save, or the desire to save , is very strong and concerns 86% of Italians. 39% of households say they have actually managed to save money (+ 2% compared to 2017) and, as reported by Istat, there is also an increase in household gross savings (+ 18% compared to the same period of 2017). When Italians think of savings, the references are above all positive (82%), linked to the idea of tranquility (39%), protection (21%) or wisdom (19%). Saving for Italians is an attitude of life linked to daily life , which translates into a continuous attention that starts from small things and reaches the biggest, rather than a constant renunciation or a run-up to the discount.

A saving that consciously looks to the future

Increasing the share of Italians who attribute to savings a value that goes beyond the private sphere and are increasingly those who, when they save, perceive to do – in addition to their own interests – also those of the country: they were a quarter in 2017 (24% ), about a third now (32%). And that’s not all. For 51% of Italians, a fundamental aspect of saving is linked to the education of young generations to a conscious and balanced life , to get them used to planning and thinking about the nearest future or after retirement. The savings, in fact, is also very linked to the idea of ​​the future and the thought of what will happen: Italians save above all to protect themselves from future risks and to be ready for tomorrow, good or bad.

The role of companies for a more sustainable development model

The survey also deepens the world of companies as protagonists of the production world and possibly the object of investing savers. According to 79% of Italians, these must be attentive to the consequences of their activity on the environment and on the social fabric , urging a sustainable and responsible attitude . 68% of the world’s population believes that the companies that will be successful are those that will not only provide good products or services, but that will make a positive contribution to society . The survey shows that companies, to be considered sustainable, should combat all new forms of slavery , especially juveniles (80%), refuse any attempt at corruption (77%) and avoid running any risk to the consumer (75% ).

Invest today for a more sustainable future

Sustainability and responsibility are the key words that inspire the range of Etica Sgr mutual funds . A range of products that offers investors the opportunity to invest in the most virtuous countries from a social and environmental point of view and in companies that pay more attention to sustainability and collective well-being . In addition, with a view to stimulating companies to adopt increasingly sustainable and responsible behavior, Etica Sgr constantly talks with the top management of companies in which they invest their funds and intervenes in the shareholders’ meetings with a particular focus on the issues related to the Sustainable Development of the United Nations.