Online loans direct lenders -Get help today via online payday lenders

Are you young and having trouble creating a loan? Then you have to read on here, because we may have the solution to your sorrows, with our loan application system coming to your country’s best and cheapest online payday loan companies, and you increase your chances of having a loan approved many times. You only have to fill out one application so our system will take care of the rest and you can just wait for your answers from the loan companies.

Get help today via online payday lenders

There are many loan companies that have a requirement for age for their customers. Most require that you are over either 20 or 25 years. Unfortunately, many young people with a good economy and a fixed income do not have the opportunity to create a loan. Only because they are below the age required.

There can be many reasons to have requirements like this, and the most normal is that as a young person you are not so established purely working. Younger people often do not have the same income as they usually get in the future. There can, therefore, be several reasons.

We are happy to help young people under 25

With BridgePayday, we do not see age. The only requirement we have for your age is that you are over 18 years old. So you can safely search and be sure that your age has no meaning in our eyes, we treat all loan applications from young people alike.

Do young people have fewer opportunities for loan creation?

Unfortunately, we must say yes. There are not the same opportunities for you who are young. However, this does not mean that you cannot borrow. It just means that there are not so many companies that want to receive your application. However, the interest base is happy to treat it, and you can search directly on our site.

Many loan companies do not believe that young people under 25 are as good customers as people over 25, as there are many young people who find it difficult to pay off the loan and thus come into a bad light with the loan companies. However, the interest base does not mean that this is necessarily correct, and therefore we treat your application like everyone else, so you can safely apply for a loan through our website.

Fast loans for young people

Not only does the interest rate base offer this type of loan to young people. We also give you a quick treatment. It takes only 5 minutes to complete our application form, after which your data is processed and your loan application sent to Denmark’s best loan companies, which usually gives you an answer to the application within 24 hours.

Some loan companies notify you that you have been approved but must provide additional documentation to get the loan paid, other loan providers give you a direct notification and pay out the loan immediately, so if you are lucky you can have the money in your account the same day you have applied for the loan amount.

Unfortunately, it also happens that your loan application is rejected, but our system assures you that you reach as many people as possible, and thus your chances of being approved for a loan are considerably greater than if you just applied with a single loan provider.

Forward credit in the Baltics

Forward credit in the Baltics

 

A study by GfK Custom Research Baltic and Industry on the financial sector in the Baltics reports that 22% of Latvian residents surveyed on the Internet have used Forward Credit in the last month. In Lithuania and Estonia, Forward Credit with such popularity does not stand out – 18 and 5 per cent of respondents, respectively, used the service.

Who in Latvia, Lithuania and Estonia uses Forward Credit

money cash

In all the Baltic countries, the most popular application of Forward Credit is for grocery shopping and daily expenses up to salary. On average, 40% of borrowers use Forward Credit for this purpose. Lithuanians, on the other hand, are more likely to use Forward Credit to pay off other debts – 22% of respondents in Lithuania say they use Forward Credit for precisely this purpose.

Estonia is distinguished by the fact that Forward Credit is used to repair a car, but in all three Baltic States about a tenth borrows to get money for entertainment or travel.

Reasons for the Unpopularity of Forward Credit in Estonia

money cash

In Estonia, Forward Credit was introduced more quickly, so the public is more aware of it. In addition to the fact that it has been linked to widespread crime cases since its inception, such as how inmates have been cheating jobseekers through SMS credit, SMS credit has received much more negative press in Estonia than in Latvia.

There has also been a sharp decline in the number of complaints received by the Estonian Consumer Protection Association, which received only 16 SMS credit questions in 2010, as opposed to 2009 and 2008, when it received more than a hundred questions and 10 complaints. This means that in Estonia consumers are becoming more educated about the problems that can arise with SMS credits.

In addition, in Estonia, it is more common to hear the press of Finland, the birthplace of SMS credit, while in Finland, SMS credit is known to be fought, for example, by allowing loans to be given only on weekdays from 9am to 6pm. It is also clear that better alternatives to SMS credit are available to better-earning individuals, which is why it is less popular.

Tips to Save and Conquer Your Dreams

Tips to Save and Conquer Your Dreams

Most of our dreams need money to be realized. Whether you buy a car, a house or travel the world, for example. The key to achieving any of these goals is to save money. See the Good finance tips on this guest post to help you along those lines.

Saving money will be the first step towards achieving your goals. The second step is to make a good application with the money. To help you with this task, we have prepared some tips that will help you save money to invest and achieve your biggest dreams.

Set goals and plan

Set goals and plan

Defining your goals is crucial if you are to get good financial control. They will motivate you to stay on track. What do you want? Want to go on a trip next year? Buying a car, a house or even planning your retirement?

After defining what you want, calculate how much money you will need in total and divide by the time you have to spare. For example, if you want to buy a car in a year, divide the car by 12 months. The result will be the amount you’ll need to save during this time.

Following this planning will help you achieve the goal by the end of the term. But remember to set goals that you will actually achieve.

Keep your accounts up to date

Keep your accounts up to date

It sounds like an obvious tip at first, but have you ever stopped to think that paying interest is simply sending money away? After all, the amount spent on interest will not bring you any return. What’s more, it can be totally avoidable. Many people fail to pay their bills just because they forget the due date.

To help you with the task of not forgetting any payment, the tip is to schedule the expiration of all accounts for the same day. So you only have to worry about a date. When it passes, everything will already be paid and without worry or headache.

Just go shopping with a spending goal in mind.

Just go shopping with a spending goal in mind.

Having a spending goal is very important especially for those who love to go shopping. The tip for not overspending and buying too much is to keep in mind the maximum amount you can spend. If necessary, choose to take one item and leave another item behind, always remembering not to exceed the stipulated value.

More important than setting a maximum amount of spending is to respect it. You can not fail to fulfill your goal just because you established it. Respect your limits, as this will contribute a lot to maintaining your financial health.

Do not discount your anxiety in shopping

Do not discount your anxiety in shopping

This is a very important tip. Often we have the custom to discount our anxieties in some activity.

The problem of trying to relieve stress by buying is that this can come out too expensive. Always remember that bursting the budget will only generate more anxiety. Try to stay calm and let the shopping for moments of tranquility.

Use a good financial management application

Use a good financial management application

To control your finances effectively, you can count on the help of technology. With the rush of everyday life, no one has much time to spare to keep a close eye on all the expenses and revenues. Mostly who has more than one bank account.

That can centralize everything and can help you achieve your goals more easily. Use technology to your advantage! Nowadays you can easily find quality content on the internet that deals with financial control.

This is a much needed knowledge. Everyone needs to deal with money in life, and managing it makes all the difference. So whenever possible, take the time to study the subject. You’ll see how it will make a difference in the way you deal with money.

Top Tips: Financial Planning for New Families

Top Tips: Financial Planning for New Families

Whether you are becoming a newborn parent or your family is expanding – money plays an important role in being able to focus on what’s important. Read our top 6 tips for saving money and better money management for families expecting a baby.

Specify, organize and plan your savings

bank

When buying a new home or starting a renovation project, one of the first things you’ll probably do is research. A new child or family extension is also a good reason for an analytical approach – there is good financial planning for new families. The world is full of apps that can help you create a budget for your yield. However, sticky papers and Excel spreadsheets can serve the same purpose if you prefer.

If you already have children, you probably have a very good idea of ​​what you will need for your new baby and you may already have some of these things at hand. However, if this is new territory, don’t forget to reach out to friends and family who can give you tips and tricks that you haven’t thought of. Also, some online research can help you see the range of product prices and where to find good discounts.

One way to narrow down your list is to make a list of “essentials” and stick to it initially, while leaving some money aside for unexpected situations. The second method is to have a few lists: essentials for a small baby, a toddler, wishes / extra things. This will help you prioritize your needs (and think about when you need them).

Start planning your child’s first year of life

bank

When starting or growing your family, it can easily be difficult for you to think about a distant future, such as school expenses or even savings for college or university. It’s a good idea to start thinking in time frames that you can manage. Plan ahead for the first year and think about the supplies you will need to make money.

First, stick to the basic things: car seats, strollers, cots and changing tables. Many of these items are convertible as your baby grows, such as adjustable strollers and cots that can be used for longer than the first year of life. Once you have listed the larger items, start making a list of smaller items that you will need, such as blankets, clothing, and diapers. This is a good time to use an Excel spreadsheet.

Some hidden costs may come from baby toiletries, especially for new parents. Get yourself basic things like baby shampoo, lotion, baby powder and don’t forget nail care – baby nails can be surprisingly sharp!

Avoid famous brands to save money

Avoid famous brands to save money

It sounds nice to have a baby that is adorned with the cutest and top brands. In practice, your new baby will only wear clothes in the comfort of your home and is likely to get dirty. If your item has grown to your heart, choose special clothing and accessories just for occasions or taking pictures.

There is a wide selection of baby toiletries, including different prices. Like branded clothing, this is a good time to choose unmarked products or cheaper options. Think about your own priorities and choose your own battles. For example, if exclusive or organic products are important to you, buying in advance at a sale can save you a significant amount of money. Just check the expiration dates to make sure your investment does not accidentally waste.

Tips for wise loans | Payday Loans

Tips for wise loans | Payday Loans

Are you considering to take out your loan or to combine several loans? Then pay close attention to the conditions and any costs (penalty interest).

Here are tips to wisely (and merge) your loan (s):

Do the costs of relocation outweigh the financial benefit?

Do the costs of relocation outweigh the financial benefit?

A (somewhat older and longer-term) personal loan is often not repayable without penalty. Check this carefully in the conditions. If you have to pay a fine, determine whether or not you will ultimately be more profitable when transferring. At From Good Credit you can always repay your personal loans without penalty.

A short duration is usually cheaper

credit loan

An additional advantage of refinancing your loan is to shorten the term. With a shorter duration you can pay off quickly. After all, the duration is shorter and the interest is lower. In the beginning, the monthly installment will be slightly higher due to the shorter duration than with your old loan.

But because the loan is being repaid at an accelerated pace, this amount drops quickly. A loan with a short duration is therefore always cheaper.

Easy acceptance of the same loan amount

Easy acceptance of the same loan amount

When lending a loan, the lender reassesses whether you can get the credit. Information is requested from the BKR about your payment behavior.

In addition, the bank reassesses your application / loan based on your current current income and expenses. If you borrow the same amount (only the highest amount), chances are that you can transfer without problems.

Note: with a small loan, often higher interest

Note: with a small loan, often higher interest

Do you have several smaller loans? Good to know that you usually pay a higher interest rate for smaller loans than for larger consumer loans. The best way to save money on all those small loans is to merge.

It is possible to combine various types of loans. Think of a personal loan, credit card debts, revolving credit and a bank overdraft. Mail orders or store credits are also common credits.

With merging you borrow a larger amount with which all small loans are repaid. There are countless advantages: lower costs and therefore lower interest rates, shorter duration and much more overview. Do check well if there are costs involved, especially with personal payday loans.

How did the Black Death change Europe?

How did the Black Death change Europe?

Period somewhat imprecise, historians tend to frame the Late Middle Ages between the eleventh and fourteenth centuries to speak of a transition stage between the medieval and modern world. The Late Middle Ages still belong to the Middle Ages, but in their evolution, medieval social and cultural features are losing ancestry , while a series of structural changes that contain the requirements for the development of a qualitatively new social system: the Modern Age .

These profound changes are generated by the accumulation of small variations in all areas of the Late Middle Ages. In the social and economic scene, transit meant the appearance of a class of entrepreneurs (associated in unions) and another of urban wage-earners who worked, saved and consumed in an economy that, with many limitations, evokes the capitalist. The investment of funds in different fields (manufacturing, commercial and agricultural) led to the search of increasingly specialized personnel, which raised the general level of instruction. Education became more secular, and a new interest arose in science and technology.

The progressive implantation of these mutations used a series of factors that we can not consider triggers, but determinants, since they acted as regulators and even as accelerators of change: the social, economic and agricultural crisis, hunger, war and, above all of them, the black plague.

The crisis of the Middle Ages

The crisis of the Middle Ages

If the European High Middle Ages was a stage of scarcity, structural rigidity and survival against external enemies, in the late Middle Ages the man raises his head for the first time and looks at a horizon that finally launches to explore. The old society of monks, warriors and peasants is now joined by the bourgeois, an inhabitant of the villages, or cities, which will complicate the old feudal order with its demands. The development of agriculture leads to an unusual economic prosperity, which will allow the flourishing of Romanesque and Gothic art, as well as the birth of universities, and whose impulse to trade relations will open new communication routes between peoples.

Between the eleventh and thirteenth centuries, these characteristics dominated the journey of European society. However, with the XIV, the formula began to show signs of exhaustion . The volume of agricultural production, based on the rotation and the three-year rotation, lost balance with respect to the much greater growth of the population. The three-year alternation did not allow the land to rest enough, and many of the broken soils were not fertile enough . A succession of torrential rains and bad harvests gave rise, between 1315 and 1318, to famines in a large part of Europe . “This is the tempest with which the tragic 14th century opens,” the French historian Jacques Le Goff would say.

The Buonsignori of Siena, the Scali, the Bardi or the Peruzzi of Florence

The Buonsignori of Siena, the Scali, the Bardi or the Peruzzi of Florence

The world of finance, which had developed since the end of the twelfth century in parallel with trade, suffered a severe setback at the beginning of the fourteenth century. The mass of circulating currency began to remain small for the needs of the economy, to which were added loans to the kings, who made their bureaucracy grow and embarked on strenuous wars. The Buonsignori of Siena, the Scali, the Bardi or the Peruzzi of Florence, all of them great families of medieval bankers, will break upon entering this century . On the level of construction, the technical limitations became evident, and at the end of the 13th century the cathedral of Beauvais collapsed under its own weight. The cathedrals of Cologne, Narbonne and Siena, clear exponents of Gothic gigantism, will be unfinished due to lack of funds.

The XIV, in addition, was a century of wars . The territorial struggle between France and England known as the Hundred Years War (1337-1453) was devastating, but not the only one. Italy spent the century engaged in civil clashes, as did Castile, who lived the fight between brothers of Pedro I the Cruel and Enrique de Trastamara, while Germany suffered a period of great political anarchy. To these pulses by power we should add the numerous social revolts that took place, both peasant and bourgeois. France lived that of the Jacquerie (1357), a burst of hatred of the humble classes towards the lords. England also saw a peasant uprising in 1381, although the most bloodthirsty was unleashed in Flanders between 1323 and 1328. For the French historian Henri Pirenne, “it was an attempt at social rebellion directed against the nobility in order to snatch judicial and financial authority ” The atrocity of the struggle was refined to the point that the nobles and the rich were forced to kill their own parents before a crowd. “Men felt disgust to live,” expressed a chronicler of the time.

However, the peasant revolts were no more than isolated, local and discontinuous explosions, without any consequence in the medium or long term. It can be said that, in general terms, their insurrections were shorter, bloodless and sterile than those carried out by the bourgeoisie against the urban oligarchies in the large industrial towns of the Netherlands, in the German cities on the Rhine or in Italy.

Amid social tensions, crises and wars, appeared in 1347 the most lethal epidemic known to the Middle Ages, the Black Death , which would leave an unprecedented trail of death and misery. “With so much horror this affliction had entered the bosom of men and women, that one brother abandoned the other and the uncle the nephew and the sister the brother, and often the woman her husband, and what greater thing it is and almost incredible, the fathers and mothers avoided visiting and attending to the children as if they were not theirs, “Boccaccio describes in the Decameron . For the anonymous author of Journeys of Juan de Mandeville , a classic of literature also written in that century, “it seemed as if there had been a battle between two kings, and the most powerful and with the largest army would have been defeated and most of their murdered people. ” Around 48 million people would have died directly or indirectly , either through contagion, abandonment -in the case of the elderly and children- or lack of basic resources.

Around 48 million people would have died directly or indirectly from the Black Death

Around 48 million people would have died directly or indirectly from the Black Death

The first impact of the plague was, therefore, demographic. The lives it took in just seven years would take two centuries to recover, while the survivors would reorganize in a different way. During the epidemic years, the rural population had moved to the cities in search of food and companionship, and given the large number of vacancies left by the plague, it would not have to return. The countryside was depopulated, while life in the cities was revitalized , driven by the concentration of fortunes that followed the high mortality. The old rural aristocracy, accustomed to living comfortably off rents, found two possibilities: to rent their land at lower prices or to exploit it directly, hiring farmers and paying them ever higher wages. The seignorial power lost, therefore, part of its purchasing power, while day laborers, suddenly valuable due to their scarcity, saw their welfare increase.

The growth of urban fortunes leads many wealthy bourgeois to invest large sums in the countryside. The passivity of the nobility during the feudal period had greatly reduced the productivity of the land, and the emergence of these agents will mean a revitalization of agriculture, introducing new methods and pursuing profitability objectives . The day laborers will soon understand that the bourgeois – some with newly acquired titles – will not be more kind or less demanding than the old gentlemen. However, the criteria of rationality will make agricultural work increasingly intelligent and systematic, and will generate an upward cycle that will affect all sectors.

While the field grows, a similar phenomenon occurs in the cities.

While the field grows, a similar phenomenon occurs in the cities.

Social struggles allow the bourgeoisie to capture higher levels of power , and the accumulation of capital opens a new stage for entrepreneurship, although this time with a more logical approach, almost scientific, to avoid the mistakes of the past. “That before there were great businessmen can not be doubted, but it is now when – probably as a consequence of the difficulties, the complications, the weakening of commercial life – some normative ideas begin to be introduced into the business technique. : secular sense of time, sense of precision and foresight, sense of security “, explain specialists Alberto Tenenti and Ruggiero Romano.

The shortage of arms and the rise of the bourgeoisie were decisive for the development of technology , one of the hallmarks of the Renaissance, closely linked to the parallel advance of science. The machines reduce the amount of force and work necessary, and appear to serve a certain class, the bourgeoisie, which finds in them a concrete response to their needs. In the technical ascent an essential change of mentality prevails, since manual labor – the mechanical arts – was despised during the Middle Ages. Leonardo da Vinci claims it when he says: “In my opinion, the sciences that are not born of experience, the mother of all certainty, and that do not end in a defined experience, are vain and full of errors”. Science and technology go hand in hand, and good proof of this are the calculations of the architect and sculptor Filippo Brunelleschi, prior to the construction of the dome of Santa Maria del Fiore, in Florence.

In the technical ascent, an essential change of mentality prevails

The case of Santa María del Fiore is a paradigm of the transformation that took place. Its construction had been delaying since the late thirteenth century. The lack of money and manpower was postponing the project until, finally, it was retaken in 1417. For its spectacular dome, of a scale never seen before, superior to that of the Pantheon in Rome, Brunelleschi had to invent enormous mechanisms with pulleys to raise the construction materials as the works took height.

The irruption of the machines reduced the need for a motive force, but also significantly cut the construction time . The machine not only replaced the person, but also improved it, at least in terms of their work rate. A concept, that of time, totally new, associated in the Renaissance mentality with the shortness of life that medieval man experienced throughout the hectic 14th century.

The technique reverberated in the industrial activity, which re-emerged in the years after the plague. In the fourteenth and fifteenth centuries left us in the West inventions as significant as paper, the mechanical clock, the application of gunpowder to firearms, blast furnaces, the printing press or crank-crank system, which would have so many uses , in addition to innumerable innovations in navigation and cartography.

The great epidemics of the fourteenth century , mainly the plague, but also others of malaria, cholera, typhus or leprosy, contributed to the development of health prevention . The Health Boards established in Florence and Venice in 1348 to alleviate the innumerable problems generated by the plague were an antecedent of the permanent magistracies that would appear in the fifteenth century in Milan, Florence and Venice, and which are characteristic of the administrative bureaucracy of the Modern age. In addition, in the passage from the 14th to the 15th century the reverence professed towards the human body diminished, which began to be investigated from a medical point of view. The Renaissance plastic representation of man as a beautiful and proportioned being aroused interest in anatomy, and, from this science, curiosity also extended to physiology.

The neutrality of death

The neutrality of death

In the course of the medieval man to the Renaissance the experience of death had a determining weight. The arrival of the plague in Europe generated such a commotion that the art of dying took on a decisive importance . Little by little, the bulk of the community of the faithful ended up displacing their religiosity to the moments before death and neglected every purpose of a Christian life, a corruption of religiosity that the clergy did not know how to stop. By centering the meaning of existence in the transit to the beyond, there was an agony before the uncertainty of salvation that had little to do with the accidental-and even happy-trance toward the eternal life proposed by Christian doctrine. It was an interpretation of death other than the religious one. In the fear of the Judgment of God, the sense of the macabre arose, a reaction of repulsion at the ugliness of death and the sight of the putrefying body.

Along these lines, a personification of death emerges in iconography as a being that acts on its own initiative and whose power seems irresistible. “A woman in black cloak wrapped / with such fury that I do not know if never / in Flegra would show the giants”, sings the poet Petrarca in the triumph of death , in the fourteenth century. The frequent experience of death as an entity neither benign nor malignant, but terrifyingly neutral, gradually transforms the collective perception of it . Thus, it goes from generating a psychic horror or a physical repulsion to represent a universal force that is projected onto all men. “Death is impartial and does not perform any ethical function, it is the symbol of a law that applies to all men without exception and without moral motivations,” Romano and Tenenti explain.

It will be in the neutrality of death when man becomes aware of himself

It will be in the neutrality of death when man becomes aware of himself

as a man, and not as a Christian. An individual dimension of existence appears through death , which is at the same time the destiny of all and the fate of each one. And, from that individualism, one feels love for his life, even knowing that it is brief. And it harbors a deep melancholy before the abandonment of earthly joys. The dance of death , one of the first choral manifestations of the new secular culture, is presented as a sarcastic metaphor of the impartiality of death, which dances with all social classes, from the bishop to the emperor or the peasant. But, at the same time, there appears in her the insurmountable bitterness of physical annihilation, which gives a meaning to earthly life and which seems to forget the promises of paradise. There arises a longing for glory, for wanting to endure in earthly life, very characteristic of the Renaissance. The tombs are adorned to raise some dead over others in memory, and, for the first time, the portrait acquires iconographic genre dyes. The great men of the Renaissance will want to perpetuate their greatness in a vain desire for human survival, for bodily immortality .

The vitalist sense of Renaissance man and his individualism owe much to the experience of death, which flies over the entire fourteenth century, but which is revealed with all its exterminating power, hand in hand with the plague, in the second half. The development of commercial routes made the period suitable for the rapid transmission of a large part of the population. But if the century evolved in a way that seemed to favor the transmission of the plague, it caused such a demographic, economic and psychological upheaval that precipitated the transformation processes that, in a surreptitious way, had been taking place, and that would culminate with the passage of a medieval society to another Renaissance one.

The plague contributed to the weakening of feudalism

The plague contributed to the weakening of feudalism

led to the accumulation of capital in the hands of the bourgeoisie and projected on the collective sensibility a secular sense of death that weakened the Christian myth of paradise, inclining men toward earthly prosperity and prosperity. The new man who emerged from the plague exhibited, in addition, an observation capacity and a scientific inclination that led him to be more careful with the prevention of epidemics, setting in motion the first rudiments of modern epidemiology. The circle of causes and effects caused by the plague then closed definitively.

This article was published in number 568 of the magazine Historia y Vida. If you have something to contribute, write to redaccionhyv@historiayvida.com.

MicroBank microcredits help create 279 jobs in Aragon in 2015

Image result for microbankZARAGOZA, 21 (EUROPA PRESS)

The financing granted by MicroBank, the social bank fully participated by CaixaBank, has contributed to the creation of 279 jobs in Aragón in 2015, according to a report by the Institute of Social Innovation of the ESADE business school, on the initiative of the financial entity.

For the whole of Spain, the figure reaches 21,321 jobs in the past year. Since its founding in 2007, MicroBank’s support through small loans has been a “key” piece for the generation of 155,000 jobs, with a significant impact on the welfare of families and economic growth.

The Report on the impact of micro-loans, based on a survey among MicroBank loan recipients for the sixth consecutive year, shows that one of the main conclusions of this type of credit has been the creation of jobs in both processes of setting up new businesses, as well as the expansion of existing ones.

In fact, 93 percent of the financed entrepreneurs continue to work in their own business and 29 percent have hired a worker since the granting of the microcredit, CaixaBank detailed in a press release.

The entity has stressed that 43 percent of entrepreneurs say they plan to hire a worker in the next 12 months. In these cases, the expectation is to incorporate two employees on average per microenterprise.

IMPULSE OF ECONOMIC ACTIVITY

Microcredits are one of the main instruments to facilitate access to credit, as reflected in the fact that 50 percent of respondents say they could not have opened or expanded their business without having a microcredit. Another 27 percent believe that they could have done it, but with many difficulties.

In addition, the income generated by a microenterprise is the main source of remuneration for a person in 30 percent of cases, while it is for two people in 27 percent of business initiatives. These figures highlight the importance of business success not only for the entrepreneur but also for their immediate environment.

In 30 percent of the cases, the contribution of the entrepreneur’s income to the family budget is higher than 75 percent, while in another 29 percent it represents between 50 and 75 percent. Only in 14 percent of the initiatives does this contribution represent less than 25 percent of the family budget.

Entrepreneurship by necessity (that is, those people who want to open their own business because they do not have a better option in the labor market) represents 20 percent of the beneficiaries of a MicroBank loan to set up a microenterprise in 2015. It is of entrepreneurs who either did not have a job or were afraid of losing it.

OPTIMISM WITH RESPECT TO THE FUTURE

OPTIMISM WITH RESPECT TO THE FUTURE

People who have requested a loan are optimistic about their future. 70 percent believe that their business will grow fairly or moderately in the coming months, while 26 percent say it will remain stable; and only 1 percent predicts that sales will fall and that it should close.

Based on the current development of the company, 57 percent say it works well and 12 percent believe it is going very well. In addition, a majority percentage of those who have expanded an existing business say that their business is better than the previous year and only 6 percent say it is worse.

Entrepreneurs are convinced that opening their own business allows them to face new challenges and develop new professional skills, although 92 percent say they are aware that it implies more dedication and less security and stability than a salaried job.

PROMOTION OF BUSINESS TISSUE

The analysis of the survey carried out by ESADE shows that 67 percent of the microcredits awarded in 2015 have been used to expand an existing business, while the other 33 percent has served to launch new initiatives.

72 percent of the companies do not have their own legal form and those that lead them are autonomous. The limited company is the most common legal form, with 21 percent of the cases, while the rest obtains very residual percentages.

Most of the businesses created have a single owner (72 percent) or two (22 percent), which highlights the preponderance of the self-employed.

CaixaBank has pointed out that an important chapter is that referring to the sector chosen by the beneficiaries of the microcredits to develop their activity. 48 percent of the businesses are part of the professional services chapter, followed by retail, with 29 percent, and the hotel and restaurant industry. Those that are related to new technologies slightly increase compared to previous years (4 percent of the total).

In the section on professional services, there are various activities, from those related to aesthetic centers and hairdressers to law firms, consultancies, taxis, transport companies or photography studios.

BENEFICIARY PROFILE

Image result for beneficiaryThe analysis of the profile of the entrepreneur helps to complete the vision about the type of client that subscribes a microcredit to finance himself. Men represent 50 percent of the total, compared to 31 percent of women. The other 19 percent are loans granted to legal entities.

The majority group consists of entrepreneurs aged between 36 and 49, who represent 42 percent of the sample, followed by the range between 26 and 35 years, 20 percent of the total. The beneficiary of a Microbank loan has an average of 40 years.

Most of those who have received a microcredit have secondary education (42 percent), followed by those with higher education (32 percent), which have increased with respect to data from previous reports. The proportion of entrepreneurs without studies remains very low and does not exceed 1 percent.

Regarding the geographical origin, as in the previous reports, 75 percent of the total are Spanish. With 17 percent are those from America and 6 percent are from other European countries. Those who have arrived from Asia or Africa barely reach 1 percent.

Some 65 percent of the total already worked as self-employed before granting the microcredit and 19 percent were salaried. The proportion of entrepreneurs from an unemployment situation is 15 percent, a percentage lower than that recorded in previous reports, “a behavior possibly related to economic recovery.”

Fully participated by CaixaBank, MicroBank is the only bank in Spain dedicated exclusively to the financing of projects through microcredits. It offers loans for self-employed workers, entrepreneurs and micro-enterprises; and personal and family microcredits, which aim to meet needs that overcome a temporary difficulty and facilitate personal and family development. In its activity, MicroBank collaborates with 566 social activities throughout Spain.

Argentina craves football, a victory and credit

Argentina craves football a victory and credit

Argentina after an unexpected draw in their debut against Iceland , is eager to find against Croatia, immersed in the controversy over the departure of Nikola Kalinic, good football, the lost credit and a victory with which to maintain their options to reach the round of 16.

It will not be easy. If Iceland, a theoretically smaller team, managed to sign boards in its debut in a World Cup, the next opponent of the table led by Jorge Sampaoli is not any team. It is the team of Luka Modric, who masterfully managed the Balkan side to victory against Nigeria (2-0). Without a doubt, a test of fire for Argentina.

Argentina, of the nine points that aspired to achieve in the group stage, stopped adding two. The shortage of variants in his coming-out at the Spartak stadium in Moscow opened a period of need. The Albiceleste needs victory with urgency; and you need, in equal measure, to earn credit.

In the run-up to the World Cup, the credibility of the current world runner-up was based on its history, but already in Russia its aspirations demand football.

With that goal, during the week Jorge Sampaoli matured his tactical ‘revolution’ without Marcos Rojo, without Lucas Biglia and without Ángel Di María. The mutation of the scheme, from a 4-2-3-1 to a 3-5-2, will motivate changes in almost all lines.

Gabriel Mercado will enter in defense to form together with Nicolás Otamendi and Nicolás Tagliafico; Eduardo Salvio and Marcos Acuña will shield them from the flanks; Javier Mascherano will remain as the only ‘5’; Cristian Pavón, Enzo Pérez and Maximiliano Meza will split two positions, while Willy Caballero will repeat as goalkeeper and Leo Messi and Sergio Agüero as the main offensive references.

 however Argentina still depends too much

 however Argentina still depends too much

which continues to appeal to its commitment to the blue and white shirt. That is something that “is intact,” announced Jorge Sampaoli.

The attacker of Rosario, the top scorer in Argentina and Barcelona, ​​has an opportunity to retaliate against Croatia’s failed penalty in the debut against Iceland.

Messi left for Nizhny Novgorod with wounded pride and bruised spirits, but it remains the main argument of the Albiceleste while awaiting the maturity of the collective.

“Thanks to the goals that he got, we are all here,” Cristian Ansaldi defended him at a press conference.

“We are all with him, that a penalty has failed does not mean anything,” added Paulo Dybala.

The 22 internationals know that Messi’s smile is the antidote to doubts. “This is going to change once we win again,” Ansaldi closed.

Opposite, Argentina will find a team that lives in a state similar to a roller coaster. On the one hand, happy for his good debut against Nigeria with a solid football that served to get three points after winning 2-0. The goals scored by Oghenekaro Etebo and Luka Modric’s penalty goal were enough for the Balkan side to take the lead in Group D.

But not everything was happiness in Croatia. After the clash the controversy with the expulsion of the concentration of Nikola Kalinic, who refused to enter the field in the last minutes.

The technician Zlatko Dalic decided that his player was going to be the last change, but the attacker said “no”. In its place, Marko Pjaca entered and the images that could be seen after Kalinic with the serious gesture are already World Cup history. After two days, he left the concentration.

Focused on soccer, Dalic could vary his scheme and some pieces to stop Messi. In the defense, it is possible to move Vida to the left side after Ivan Strinic’s irregular game. In that case, Vedran Corluka and Dejan Lovren would be the central pair.

The coach of Croatia also meditated on the entry of Mateo Kovacic or Milan Badelj as a pivot behind Ivan Rakitic and Modric to give strength to midfield. In the midfield, Ante Rebic and Ivan Perisic would be joined by the right and left bands, respectively, to put balls to Mario Mandzukic.

The objective of Croatia will be, with change of plans or without them, adding three other points with which to ensure practically the round of 16. And, by the way, leaving Argentina almost sunk, which not only needs to win: it also needs to win well to recover the credit and that criticism of Messi is history.

The Government achieves a saving of about 17 million thanks to restructuring operations of the debt portfolio

Image result for reduce interestThe Minister of Public Administration and Finance, Concepción Arruga, accompanied by the general director of the Office of Budgetary Control, Francisco Rojas, analyzed this morning the financing strategy for 2014 of the Autonomous Community and has advanced that the Riojan Executive has saved close to 17 million euros thanks to the restructuring operations of the debt portfolio carried out between the end of 2013 and 2014, “which has allowed us to reduce interest rates on loans and lengthen the amortization period”.

Arruga explained that “the Government of La Rioja is carrying out an active management of the debt portfolio of the Community, mainly with those operations that were subscribed in 2012 and 2013, to reduce interest rates and lengthen the amortization periods. after the conditions that are currently in the markets are more beneficial. ”

Thus, so far in 2014, the Executive has closed six refinancing operations of long-term loans that “have allowed us to obtain financing at cheaper rates and longer terms.” These operations have resulted in annual savings of almost 1.7 million euros and 5.9 million euros throughout the life of the operations.

These operations are in addition to the one carried out at the end of the year, which meant the cancellation of the loan of 70.8 million that the Executive signed in 2011 in the framework of the Supplier Payment Plan. For this, the Government of La Rioja contracted three new operations with which an annual savings in interest of more than 1.7 million and almost 9.9 million euros was achieved if we take into account the entire repayment term of the loans . In addition, last year the Government of La Rioja carried out two refinancing operations in the short term that resulted in savings of 765,486.11 euros.

In this way, thanks to this active management, 90.01 percent of the debt of the Autonomous Community of La Rioja is covered with long-term debt (of which, 20.33 percent are public debt issues ) , compared to 53 percent in 2011, and 9.99 percent in short-term loans.

Arruga has endorsed this good management of the Executive in this matter, supported in the improvement of the financial markets, the reduction of the risk premium, and the structural reforms carried out by the State, since it has allowed that in 2013, of the 47 million euros budgeted by the Government of La Rioja in Chapter III referring to interest, only 32.8 million have been executed.

Guarantee of good management 

Image result for good managementFor the Minister of Finance, these data show that the Government of La Rioja is being a guarantee of good management, having been able to adapt to the economic context and the market situation. And all this, he added, “also fulfilling the objectives of the beginning of the legislature that were conditioned to a reduction of the public deficit with a reasonable level of indebtedness while maintaining the quality of public services and the tax advantages for the Rioja people”.

Thus, Arruga recalled, the Fitch agency improved the outlook for the debt of the Autonomous Community of La Rioja with a rating of triple BBB stable in long-term emissions and F2 in short emissions, which means that markets and institutions value the solvency trust and credibility of the region.

DEBT AUTHORIZATION 2014

On the other hand, last February the Council of Ministers authorized La Rioja to issue public debt for a maximum amount of 130 million euros with a term of up to 10 years and with a cost that can not exceed 75 basis points of differential with respect to the debt of the State of similar characteristics.

This authorization, which can only cover transactions formalized until December 31, 2014, is set to finance amortizations foreseen in 2014 and the annuity corresponding to 2014 of the return of the negative settlement of the system of financing of the Autonomous Communities of the regime common and Cities with Statute of Autonomy of the 2008 and 2009 financial years.

In this regard, the Minister of Finance has reported that tomorrow the Governing Council plans to approve a new issuance of public debt amounting to 130 million euros. After this authorization from the Governing Council, the Office of Budgetary Control will prepare the corresponding order that regulates the characteristics of the public debt issues of the CAR for the financial year 2014.

Arruga recalled that according to the latest data published by the Bando de España and relating to the fourth quarter of 2013, the ratio of debt to GDP in La Rioja stood at 14.7 percent, a percentage lower than that recorded by the whole of the Autonomous Communities that represents 20.2 percent of its GDP. These figures place the Autonomous Community as the fifth Community with the lowest interannual increase and as the fifth with the lowest debt over GDP. For 2014, the public debt target for La Rioja is 15.5 percent of GDP.

 

"We have paid for the trip with a loan"

We have paid for the trip with a loan

Hundreds of people affected by Air Madrid yesterday expected to fly in Barajas.  Paul and Family, they had to fly yesterday. (Jorge Paris) “We had to fly today to Quito, and nobody explains anything to us, I called Fomento and they sent me to Air Madrid”, says desperate Paul (he omits his surname), 31 years old, father of two children who were going to be baptized on Saturday 23 December, in the Chimbacalle parish of Mexico (Quito). “We have been in Spain for five years and this was the first time we returned,” he says.

He is accompanied by his wife, Gladys, also 31 years old. The two work as waiters in Leganés and have paid $ 12,000 for the baptism of the two children: Tábata, ten years old, who needs this ritual to be confirmed, and Brian, two. More than 100 people await you for the treat. “We had to ask for a loan to pay for the trip (1,250 euros for adults and 680 for children), and they tell us that we will not get back , and flights cost 2,900 euros on these dates.”

A few meters away, and with her one-year-old little girl on her back, we see another young woman. Without more information than confusion, confidences and rumors among those affected. Tied to the burning nail of a claim that has to arrive in time: “I have to fly now, for God’s sake”.

Alejandra Estrada, a 26-year-old Ecuadorian, arrived at Terminal 1 at Barajas Airport yesterday from 13.30 am from Milan, where she works as a domestic assistant. His time in Madrid was going to be a procedure, he had to link with a flight from a ” cheap company “, Air Madrid, to Quito.

His surprise came when he was going to check in at the Milan airport

His surprise came when he was going to check in at the Milan airport

The suitcase will not arrive in Quito, it will stay in Spain because Air Madrid has closed”, he was told. And she and her daughter may not be able to reach either, she later learned, already at Barajas. “Nobody informed us of this in Italy,” he says. “What do I do if they leave me on the ground, I do not know anyone here, where will I go?” He said. The girl, Jasmine, was finally going to meet her grandmother, but failing to love flashes and cameras, showing talent as an artist while her mother gave him porridge, juice, water …

Alejandra complained that she could not move with the girl and the suitcases, could not even get in the queue of claims, had to ask favors from strangers (“Take care of the girl for a moment, please” “, use solidarity . “My boy also bought a flight and we were going to meet next week, they were still selling tickets in Italy,” he says.