CAR MICRO-LEASING

CAR MICRO-LEASING

AUTO MICRO-LEASING CAR MICRO-LEASING MICROCREDIT FOR CAR LEASING

A car micro-leasing is defined as a vehicle leasing which consists of a long-term lease on a vehicle made available to a driver and covering a small sum of money compared to the value of the car.

The car micro-leasing is a deviated conception of microfinance and which mixes traditional leasing and micro-credit, thus micro-leasing allows people living in social precarity to have access to small Long-Term Rental or lease with option to purchase and that is reflected initially in Personal Contract Hire (PCH) or Personal Contract Purchase (PCP).

The vehicle mini-leasing is meanwhile offered by a large number of car dealers with the involvement of social financial partners that contribute to the leasing financing in the context of economic inclusion of workers who need single transportation tool to get to their job location.

The car micro-leasing is mainly dedicated to vehicle drivers who are facing financial issues while are in urgent need of getting transported individually in order to earn money when the working place is far from their home.