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Appendix S – Qredits
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KH The main outcome was to bring Qredits really up to scale so that the interest rate will cover the default
rate and cover the cost for Qredits
KH than the financial part and whether you belief in really the business case, is much more important to
you than the social aspect.
KH That is a trade-off that Qredits needs to make. You do not want Qredits to finance only the none risk
KH focus on people who do not get a loan from a normal bank that means your social part is much more
important,
KH it shouldn’t be an easy way of borrowing money, the people need to invest themselves as well to
ensure that they really feel committed to it.
KH a balance between financial and social and it is up to them how they want the balance to look like.
KH Whether they only want to focus on strong business cases or also want to help people that do not have
a lot of other opportunities left.
VS because we are still so young we are quite vulnerable and if we were to default it would be the end of
this type of credit supply for entrepreneurs.
VS We are a foundation so we are not profit driven but are aim is to become sustainable.
VS We have a clear business target group and do not provide personal loans.
TB Do not only look at the individual relation but also at the relation for the whole society and whether that
is what you want to realize
TB by doing so you not only give the entrepreneur a quality impulse, cause when you ask him that
question he needs to think about it, but that you also give your own financial organization a quality
impulse
OE The micro-credit people, or the people from Qredits want to work with volunteers. In my opinion that is
not a good thing.
MB The dialectics of progress
MB They do not have Business Development Services. That makes it easier to become sustainable
MB They do have a ‘coachingsplein’, where entrepreneurs can find a coach, but financially that is
separated
CS The budget has to be accurate, if you need !60.000, Qredits is not the right place to go. Maybe it is,
maybe it’s not. They have a maximum.
AP Qredits is not yet financially sustainable, and still depends on subsidises of the government,
AP When the goal is to stimulate entrepreneurship, than you should be able to measure that, especially
because a lot of tax money is spent on it, subsidies from the government.
AP An MFI as well as any organizations should be able to transparently communicate the results, if it
where only for your shareholders. Especially when you borrow form government subsidies,
AP If you need twenty-five people to disburse 800 hundred loans, I think that is quite large.
AP when you find it difficult to provide 800 loans, than I think you can not be to strict and say we only focus
on people that are under the... on the other side, in the end you need to know who your target group is,
why you where erected.
AP You need to relate that to the reality, such an organization is in. If you only helped 800 people the
previous two years, than you cannot be too strict. Then you also need to let go of these ambitions.
AP I find MF in the Netherlands ridicule. I think the target group is just too small; maybe there are only 800
people that qualify for that.
Elmar Hoogendoorn 136
Sustainable Microfinance