The Valencian socialists have launched a microcredit initiative to raise funds and finance the electoral campaign of the next 28M in order to “leave dependence on financial institutions”. A form of financing that has been used for years We can with the same arguments. Although there are some differences between the two models.
The PSPV, explained yesterday its organization secretary, José Muñoz, contemplates the possibility of citizen contributions of a minimum of 200 euros and a maximum of 10,000 euros, which will be returned once the elections on May 28 have passed and for a maximum period of 12 months. And the most interesting thing for investors, “with a return of 3% per year.” In this way, the one who reaches the top could have a profit of 300 euros, the one who stays halfway of 150 and the one who barely invests 200, 6 euros.
The objective, Muñoz admitted, is to achieve the not inconsiderable figure of 300,000 euros that would later be returned with the money from the subsidies that the party receives for votes and seats.
The person in charge of Organization justified this formula by ensuring that the financing of political parties in the face of an electoral campaign “is transparent, is public knowledge and that citizens can participate” in it. This initiative of microcredits for financing is open to the contribution of the militants, “and all those who wish to collaborate.”
This way of financing campaigns has been typical of Podemos since its inception. In fact, as La Vanguardia has learned, for the regional and municipal elections of 2023, Podem has already raised almost 90,000 euros in the Valencian Community. Of course, explained its head of Organization, Carles Fons, without profitability.
Who has not opted for microcredits for this campaign is CompromÃs. Coalition sources have detailed that the coalition, to face the elections, always makes a spill among its militants to which must be added, on this occasion, some donations and some money that was saved.
In addition to explaining this extraordinary financing formula for them, the Socialists pointed out that their electoral program will revolve around three axes: growth, equal opportunities and sustainability. Around them, added the coordinator of the electoral campaign of the PSPV, José Antonio Pérez, two cross-cutting aspects will also revolve, such as the equality of people and the guarantee of human rights, and the defense and strengthening of self-government.
