Abstract:

Each of us have had or go through the situation of being unable to access the credit necessary to meet unexpected expenses or trying to develop small businesses. The impossibility of accessing microfinance pushes people into poverty, increasing  the number of social assistance. What makes the situation can be different, how do we prevent increasing poverty? The answer is found in the current microfinance policy directed especially to those who are financially excluded. But the access to credit as they are too expensive could also contribute to indebtedness and impoverishment of individual levels. They have serious macroeconomic consequences, as the crisis in 2007 proves. Therefore, poverty and social exclusion can be fueled by the inability to access credit and access to inappropriate forms of financing. Such difficulties are undermining economic growth and social cohesion. Instead, poverty and financial difficulties are supporting social exclusion.