Self-funded communities | Fundação EDP

Self-funded communities

Entity

ASSOCIAÇÃO DE COMUNIDADES AUTO-FINANCIADAS

Year

2009

District

National

Area of Action

Social Inclusion

 
Created communities that finance and manage themselves (CAF) and allocate their joint savings to grant solidarity loans. This project’s aim is to aid the socio-economic integration of marginalised groups in Portugal. It served as a pilot experiment to implement the model replicated from other European countries, fighting against weak financial resources and the difficult access to credit.