PerMicro - Microcredito in Italia Revenue and Competitors

PerMicro, founded in 2007 in Torino (Italy), is the first Italian institution in terms of number of granted microcredits and disbursed amount. Today PerMicro is present in 11 Italian regions with 15 branches and it counts 62 employees. PerMicro is one of the microfinance's pioneers in Western Europe. The institution is very active in the national and international scene: it is one of the founders of Rete Italiana degli operatori di Microfinanza (RITMI), the Italian association of microfinance institutions; moreover, it is an active member of European Microfinance Network (EMN). In 2015, PerMicro was chosen among the six best microcredit institutes in Europe to be part of the guarantee fund from European Investment Fund (FEI) financed by the European Community (Employment and Social Innovation Programme). In 2016, PerMicro obtained the B Corp certification and in 2018 the Rating from Microfinanza Rating (BB+). PerMicro collaborates with the Association MicroLab Onlus to offer to its entrepreneurs important auxiliary services, such as mentoring and monitoring to bussinesses. MicroLab is a non-profit association operating with the purpose of pursuing social solidarity aims and giving support to socially and economically disadvantaged people. The Association now counts a total of 60 Volunteer Mentors.