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Way out Program: Social Self Employment and Microcredit Program in Hungary

B - IMPACT ON SOCIETY AND ECONOMY

B1 - How has the GP impacted on the following?

B1a - Legal/financial exclusion
Very positive impacts
Any other comments?
Credit was available for people who live in worst condition which was excluded for them so far

B1b - Creation or conservation of local employment
Very positive impacts
Any other comments?
Some of the target group became entrepreneur and those who were not able to continue their activities, implemented them as employee.

B1c - Adaptation to new realities
Impacts not known
Any other comments?

B1d - Cross sectoral working
Very positive impacts
Any other comments?
cooperation between social and financial sector based on a new model

B1e - Enablement of social enterpreneurship
Very positive impacts
Any other comments?
Involvement of the most disadvantaged group who live in extreme poverty was implemented and these people became entrepreneur as self-employed.

B1f - Amenities for local people
Very positive impacts
Any other comments?
These businesses mainly responded to the local needs of the citizens e.g. cucumber cultivation

B1g - Educational opportunities
Very positive impacts
Any other comments?
Counselling for target group which took part in the program as well as lending practices and consulting trainings for the program implementers were carried out.

B1h - Crisis response
Very positive impacts
Any other comments?
The program was implemented mainly in the most disadvantaged Hungarian areas like Borsod-Abaúj-Zemplén county, Szabolcs-Szatmár-Bereg county, Baranya county, etc.

B1i - Local financial environment for social enterpreneurs
Very positive impacts
Any other comments?
The traditional bank services weren't available for this target group therefore a special portfolio was developed.

B1j - Local policy environment for social enterpreneurs
Impacts not known
Any other comments?
The program is no longer supported in Hungary.

B1k - National financial environment for social enterpreneurs
Impacts not known
Any other comments?
The program is no longer supported in Hungary.

B1l - National policy environment for social enterpreneurs
Impacts not known
Any other comments?

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