Statutes

TITLE I

NATURE, ORIGIN, PURPOSE AND REGISTERED HEADQUARTER

Article 1.- The International Association of Collateral Loan Institutions, constituted on 28 September 1957, represents and coordinates member Institutions that engage in credit operations through collateral warranties, their national associations, as well as any member Institutions that carry out micro-credit, social credit or solidarity credit operations.

Article 2.- The headquarters and registered address of the Association are the same as those of the member Institution that holds the Chairmanship.

The first language of the Association is the official language of the country in which its headquarters and registered address are located. In addition, the official languages of the Association are English, Spanish, Italian, and French.

Article 3.- The purpose of the International Association is to:

• a) Promote social credit universally, in the form of collateral as well as in the form of micro-credits and solidarity credits, to promote the incorporation of new Institutions of this nature and to develop existing ones. 
• b) Facilitate the exchange of experience, innovation and technologies at the operative, legal, and social levels, and at any other level that is in the interest of the member Institutions.
• c) Study and promote initiatives and collaboration agreements among the members, with respect for the principle of free competition.
• d) Seek collaboration with supranational Institutions and associations that engage in collateral loan operations.