The first microcredit platform in Italy for those who do not have access to funding through traditional channels.
Headquarter
Torino
Typology
Growth Capital
Management
Andrea Limone
Economic and social background
More and more people are excluded from traditional bank credit channels because of insufficient credit history or precarious employment status, despite having basic financial needs – housing, education, health – or good business ideas to be exploited.
The role of Oltre Venture
Oltre Venture has immediately taken on the role of operational partner of PerMicro, supporting the management team in the definition of the business model and the business plan, and finally encouraging the entry of other investors in the capital thanks to its credibility and authority.
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Number of loans provided to SMEs
26
number of loans provided to families
230
€ total amount loaned
The impact of PerMicro
PerMicro has fostered and still fosters employment and social inclusion through the professional provision of credits and microcredits, financial education and the offer of start-up services and accompaniment to the creation of new businesses.
Nowadays, the company has become the first Italian company to specialize in the provision of credit and microcredit to individuals excluded from traditional credit channels. In the first ten years of activity, over 850 entrepreneurs and 3,400 families have gone from being unbankable to bankable.
