In Argentina of 2025 being young and looking for a job is an obstacle career. And it is not due to the lack of experience or training. There is a structural problem of transformation of the labor market which is aggravated by the fall of economic activity and the mass closure of companies caused by macroeconomic policies that prioritize the tax and monetary adjustment over productive development.
Between November 2023 and May 2025, more than 13 thousand companies closed. In 2024 almost 119 thousand private employees registered, 70% in construction and more than 20 thousand in the industry were destroyed. Micro and small businesses, historical generating young employment, are the most beaten by the increase in credit, the fall in consumption and the lack of incentives.
The consequences are in sight: of the total unemployed people in Argentina (7.9%), more than half (4.1 points) are less than 30 years old. In the main urban centers, young people represent 52% of those who seek work and do not find it. And they are just 22%of employed workers. It is not just a statistic. A society that excludes its younger population from the labor market is compromising its present and also its future.
In this scenario, the microcredit of public banking allows generating work opportunities, strengthening the productive framework in the different communities of the province. According to our records, 10% of young people who reach Microcredit province In informality they manage to formalize their activity after accessing our financing.
We also know that young people who try to undertake or work independently are collided with difficulties in accessing credit due to the lack of financial and patrimonial history. Current economic deterioration, and in particular the punishment for retail consumption, this even more complex situation returns.
Therefore, we decided to accompany the strength of Buenos Aires youth with a proposal that allows them to boost their projects. The new Microcredit Line generation Entrepreneur points to young people from 18 to 25 years with loans of up to $ 16.1 million, bonus rates, deadlines adapted to entrepreneurship and without granting commission. In addition, knowing the restrictions that this segment usually faces when requesting financing, we reduced the minimum age requirement in the business or trade to six months.
As a company of the Province Bank, we are convinced that our role is to strengthen real financial inclusion, without reducing it to the opening of a bank account or accessing a virtual wallet. That is just the entrance door. The really important thing is that access to the financial system and credit in particular is sustainable, healthy for people, and that it is designed to promote those who receive it to improve their life and productive capacity, not to catch them in debts that immobilize them. A loan that does not transform, that does not open real paths, is not inclusion: it is a mirage. Without job opportunities or access to genuine financing, youth is trapped between informality and inactivity.
We know that there are no magical solutions. Active policies and sustainable credit are needed. This contribution from public banking is a specific response for thousands of Buenos Aires to take that step towards a better future.
Some data from the young Microcredit province segment:
Participation in financing
- Young people from 18 to 25 years: traditional line: 4% of the microcredits granted
- Inclusion line: 10.4% (+6.4 pp), equivalent to More than $ 27,000 million In 2024.
Female participation
- Women from 18 to 25 years: +56% of operations (majority and sustained participation)
- Men from 18 to 25 years: <44% of operations
- Women <36 years (general): 46%. Inclusion line: 48.1%.
Financing amounts
- On average, +4.5% For young people vs. traditional line.
- In women led by women: +11.8% Regarding the tradition line
Average blackberry
- Young women: 37%.
- Young men: 40%.
Average credit score (NOSIS, 0-999 scale)
- Total Inclusion line: 289 points (vs. 277 in equivalent sector without history).
- Under 35 years: 238 points (vs. 204 equivalent sector).
- Women <35 years: 249 points (vs. 238 equivalent sector).
Access on account of individuals and counts DNI businesses (2024 vs. 2023)
- Young women with DNI Individuals: +38%.
- Young women with DNI businesses: +45%.
Economic Activity (18-30 years)
- Trade: +40% 2023 (greater growth in women).
- Women -led items: 20% clothing and accessories, 15% aesthetic services, 10% Edible and drinks.
Informality and registration (<36 years)
- Informality when accessing: 80% (81% women, 76% men).
- Conversion to registration: 9.5% total (8.1% women, 11.3% men).
By Alejandro Formento. President of the Province of Microcredit and Director of the Province Bank.
Source: Ambito
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