Created in 2007, PerMicro is a company specialised in microcredit. Initially operating in Torino, Italy, PerMicro now has branches in 11 Italian regions. Through a partnership with BNL-Group BNP Paribas that also participates as an equity holder in PerMicro, the MFI is able to increase its number of clients and improve its overall financial performance thanks to the bank funding. Ideally, PerMicro's clients can grow to eventually become bank customers.