Microcredit and Microfinance | Banca Etica

Microcredit and Microfinance

Microcredit and microfinance are some of the key tools of our ethical finance project since they are effective entrepreneurial and social development factors as well as useful instruments for fighting poverty.

In fact, these actions put people at the centre of the financial relationship. This form of support is provided in collaboration with professional partners and local networks - public administrations or non-profit organizations - which guarantee the connection between the bank, the territory and the beneficiaries of credit.


Through the Fondo di Garanzia PMI (Guarantee Fund for Small and Medium Enterprise), the bank supports the start-up and development of micro-enterprises and small business owners.

In 2019 Banca Etica enters the capital of Permicro, a n Italian company specialised in microcredit.


Banca Etica’s microfinance involves two intervention strategies:

  • welfare: aimed at people in difficulty;
  • micro-entrepreneurship: to build and grow social enterprises, self-employment opportunities and develop local economic businesses.
  • Banca Etica also manages the “Guarantee Fund for Microfinance and Crowdfunding Projects” created with the support of the subscribers of Etica Sgr’s“Valori Responsbili" ethical investment fund.

In 2019 Banca Etica enters the capital of Cresud, an Italian company specialised in microfinance in the developing countries.