COFACE has always considered financial inclusion as one of its priorities, especially since access to some financial services like a basic bank account is a pre-condition for social inclusion.
The initiatives included in the “COFACE Compendium on Financial Inclusion” deal with the financial situation of families such as work on family budgets and the importance of saving, solidarity loans, social loans (micro-credit), information to families about financial/budgetary issues, help/advice for families on financial matters, prevention of overindebtedness, debt mediation/debt relief, lobbying/advocacy campaigns for better national regulation on financial services/financial inclusion etc.
We hope this publication will help pushing for policy measures that promote more responsible lending and borrowing, prevent overindebtedness and promote financial inclusion and access to quality/fair financial services.