Banco Montepio believes and invests in microcredit, supporting people who would not otherwise have access to credit. Thus, people who are unemployed, or in a precarious work regime, or young people looking for their first job, find open doors at Banco Montepio to change their lives, creating their own job and business. The ambition is great: to give an opportunity to anyone with an entrepreneurial spirit. It's never too late to change.
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Banco Montepio was a pioneer in social impact investment by investing in one of the first two Social Impact Bonds (TIS) launched in Portugal. As a Social Investor, it has followed the best investment practices in social innovation, together with Santa Casa da Misericórdia de Lisboa (SCML) to boost social investment through eight projects (two Impact Bonds and six Partnerships for Impact), two of the financial instruments of the Portugal Social Innovation Mission Structure (EMPIS), representing innovative responses to society's challenges and combatting social exclusion.