Page last updated at 15:01 GMT, Thursday, 20 January 2011

Green Party: Opportunities for young people debate

Green MSP Robin Harper's motion said Grameen-type banking could provide an opportunity to tackle the growing problem of unemployment among 16 to 19-year-olds with the establishment of a microcredit scheme for young people in Scotland, on 20 January 2010.

The Grameen Bank is a microfinance organization and community development bank started in Bangladesh that makes small loans to the poor without requiring collateral.

Mr Harper said the scheme could offer loans for small business ventures to young people who are not in education, employment or training and called on the Scottish government to explore ways to establish a Scottish youth microcredit scheme.

After a consensual debate, Skills and Lifelong Learning Minister Angela Constance said the Scottish government would back the Green Party motion.

It was passed in amended form unanimously at decision time.

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