QUO VADIS MICROCREDIT IN PORTUGAL? A CASE STUDY OF THE DAY-TO-DAY OF AN ENTREPRENEUR

Autores

  • João
  • José Paulo Esperança
  • Isabel Duarte de Almeida

Palavras-chave:

Microcredit public policies, Mutual guarantee society, Social entrepreneurship funding, Inappropriate loan officers, Microcredit assessment criteria

Resumo

A literature survey shows conflicts among the expected advantages of microcredit public-policies that might lead to discomfort on decision-making, and self-protection reactions due to increasing social demand for accountability. So, decision- makers lacking skills and sensitiveness to the entrepreneurial phenomenon, set assessment criteria, based on banking practice, inadequate to unemployed, young, low income entrepreneurs. Together with unorganized processes, this situation produces disrespectful loan proposals ignoring experts’ opinions and business plans/contexts. The exploratory case of a Mutual Guarantee Society guaranteed by public funding: exemplifies ridiculous loan proposals for microcredit funding, conflicting with social grounds; shows entrepreneurs difficulties in accessing microcredit public-policies.

Referências

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CGD. (2018b). Linhas Microinvest e Invest+. Acedido a 15/09/2018. Retirado de https://www.cgd.pt/Empresas/Ofertas-Setoriais/Empreendedorismo/Pages/Perguntas-frequentes-MC-IEFP.aspx.

AICEP Portugal Global (2018). Investir em Portugal. Acedido a 15/09/2018. Retirado de http://www.portugalglobal.pt/PT/InvestirPortugal/ApoiosaoInvestimento/Paginas/ GarantiaMutuaConceitos.aspx.

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Publicado

2019-07-27

Como Citar

Vilas-Boas, J., Esperança, J. P., & Almeida, I. D. de. (2019). QUO VADIS MICROCREDIT IN PORTUGAL? A CASE STUDY OF THE DAY-TO-DAY OF AN ENTREPRENEUR. Tourism and Hospitality International Journal, 12(2). Obtido de http://thijournal.isce.pt/index.php/THIJ/article/view/242