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The Microfinance Sector Consolidates Its Capability to Support Financial Inclusion in Europe

European MFIs reached outstanding gross microloan portfolio of EUR 3.2 billion in 2017, serving almost 1 million active borrowers 443,825 clients reached with non-financial services in 2017 The European Microfinance Network (EMN) and the Microfinance Centre (MFC) are proud to announce the launch of the “Microfinance in Europe: Survey Report 2016-2017”. The 8th edition of the report provides an overview ...

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Microfinance in Europe: Survey Report 2016-2017

The 8th edition of the report provides an overview of the development of the sector in terms of its main institutional characteristics, microloan portfolio, and social and financial performance for the period 2016-2017. The Report gives a sound image of the sector’s heterogeneity relating to the institutional model, the size, and the level of specialisation in microlending. The social goals ...

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Romania: the First Year of the National Working Group on Microfinance Summed up

In cooperation with the MFC several Romanian microfinance institutions including MFC members (FAER, good.bee Credit, OMRO, Patria Credit, Rocredit, Vitas) have initiated a series of meetings relating to the future vision and role microfinance can play in the country developments. The establishment of the Working Group is a part of the MFC’s initiative to support dialogue between local actors involved ...

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Update on the Process to Review the Code of Good Conduct for Microcredit Provision

The European Code of Good Conduct for Microcredit Provision is an instrument for ensuring quality standards in the European microfinance sector. It is a voluntary instrument, developed in response to the need for a unifying set of expectations and standards for the sector for the benefit of practitioners, customers, funders, investors, regulators and partner organisations. The purpose of the update ...

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Digitalization Working Group Webinar: MFI’s Client Digital Financial Service Readiness

Date: 12 December 2018,  11:00 CET Topic: MFI’s client digital financial service readiness Facilitator: Justyna Pytkowska, Research Manager, Microfinance Centre Knowing your clients’ readiness to use digital financial services is important for designing appropriate front-end solutions that respond to both their digital capacity and needs. During this webinar, we will discuss how MFIs can research their clients’ current digital behavior and preferences, ...

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Don’t Miss These Opportunities for EaSI TA for MFIs!

The EaSI Technical Assistance to the European Microcredit Sector Programme helps European microcredit providers strengthen their institutional capacity and share best practices through technical assistance, trainings, workshops and other support. The program is jointly implemented by the Frankfurt School of Finance & Management, the Microfinance Centre and the European Microfinance Network. All EaSI TA activities are free-of-charge for microcredit providers ...

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Save the date for the 2019 MFC Annual Conference: 29–31 May in Istanbul, Turkey

We are pleased to announce that the next MFC Annual Conference will be held from 29–31 May 2019 in Istanbul, Turkey. Pre-conference events: 29 May 2019 Main conference program: 30-31 May 2019 The Microfinance Centre’s Annual Conference is always one of the most significant regional events in the financial inclusion sector. As usual, we’re putting together an impressive line-up of speakers, and designing an ...

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Microfinance Centre and Responsible Finance Sign Partnership Agreement

The Microfinance Centre and the Responsible Finance, the voice of the Responsible Finance industry working to increase access to fair finance throughout the UK, today announced a new collaboration to increase financial inclusion and access to affordable and ethical finance. The relationship involves shared learning about systems, the effective and ethical use of data, product design, financial technology and fintech, and reaching the ...

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Call for proposals on transaction cost support in the area of social finance now open

A call for proposals on transaction cost support in the area of social enterprise finance under the Employment and Social Innovation (EaSI) programme is aimed at financial intermediaries that undertake long-term risk capital investments of less than EUR 500 000 in the form of equity, quasi-equity or hybrid financing to social enterprises in the EaSI participating countries. The grant will ...

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First impact assessment of MFC Member Erste Group’s Social Banking activities

First impact assessment of Erste Group’s Social Banking activities: 14,000 new jobs created across CEE for people who were left behind. More than 2,500 starting entrepreneurs received business advice and financing; 400 funded social enterprises and NGOs employed over 1,500 people from socially excluded groups; Almost 14,000 new jobs were created across CEE; Total loan volume exceeded EUR 170 million. ...

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