Young People

– Scottish Parliament written question – answered on 14th March 2011.

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Photo of Robin Harper Robin Harper Green

Question S3W-40191

To ask the Scottish Executive what stakeholders it has met to discuss ways to establish a youth microcredit scheme.

Photo of Jim Mather Jim Mather Scottish National Party

Under the auspices of Financial Services Advisory Board (FISAB), work has already been undertaken, including desk based research and consultation with a number of key stakeholders, looking at the microcredit market in Scotland and considering whether gaps exist. With regard to youth microcredit, the Prince’s Scottish Youth Business Trust (PSYBT) is seen as the main provider of support to young people and there is currently no evidence to suggest further provision is necessary.

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