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MicroCredit in the Netherlands |
Following the study by Triodos Facet on Micro Credit in the Netherlands the Dutch government took some initiatives to give follow up to the recommendations made: one of them was to form a National Advisory Council on Micro Finance. The Advisory Council on Micro Finance presented the first Advice to the Dutch government in the last quarter of 2007.
The State Secretary of Economic Affairs has sent the proposals to parliament and the Dutch government has allocated € 5 million for 2008 to commence with the programme implementation. One of the leading principles is “Centrally facilitating for local implementation” e.g. resources are used to reinforce local programmes based in the individual strengths and possibilities of local organisations.
Since 1st January 2008 a project team has started its work based on the advice. Micro Finance is now getting off in The Netherlands. Many more initiatives and advices of course will follow.
The text of the advice is as follows: summary (Microfinance in the Netherlands. First Advice 2007)
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