Quebec, Friday, February 25, 2011 - The Quebec Network Community Credit (RQCC) welcomes the inaugural speech by Premier Jean Charest. Although little information has been disclosed about the new strategy of entrepreneurship, RQCC welcomes the Government of Quebec intends to act in concert with leaders and organizations to promote entrepreneurship throughout Quebec. The RQCC will attend the National Forum on 1 March in Quebec and hopes to learn more about the new business strategy.
By Moreover, the RQCC takes a positive view of the Prime Minister wants to ensure local and regional benefits to increase the vitality of the territories. RQCC member agencies spread across the province, support businesses that often local customers, and they actually benefit from the encouragement of the government to purchase locally.
Community credit is part of a sustainable development approach that links economic growth with social progress, a view that no (e) Québécois (e) is left (e) for consideration. The clientele is RQCC are men and women who are mobilizing to improve their living conditions, and thereby participate in economic growth with social progress of Quebec.
formula Quebec microcredit
The RQCC includes 23 organizations, including 12 Loan Fund, advocated an individual approach, and 11 circles of borrowing, encouraging a collective approach. They operate in 12 administrative regions of the province and allow people who lack access to traditional financing to obtain microcredit to low interest rates for start-up, consolidation or development of individual enterprises, collective or self-employment. The
RQCC lends itself to low-income customers, particularly women, immigrants or youth whose profile and / or the project does not fit in the priority sectors of economic activity, nor in the normative framework of programs help, either in the target customers of financial institutions. RQCC stakeholders have developed special expertise for those clients wishing to achieve sustainable economic activities and responsible.
In 10 years, 1,350 loans totaling $ 8 million of dollars that have been granted by the RQCC, 4000 jobs created and maintained and more than 350,000 hours of training and support offered. The survival rate of enterprises assisted by the RQCC is 77% after 5 years and the loan repayment rate exceeds 90%.
Information: Karyne Talbot, Coordinator Phone: 418 529-7928 p. 234 Toll Free: 1 877 810-RQCC (7722)
ktalbot@rqcc.qc.ca / www.rqcc.qc.ca
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