The Microfinance Centre regional microfinance resource center and network

The Commission presents a Communication on building a strong social Europe for just transitions. It sets out how social policy will help deliver on the challenges and opportunities of today, proposing action at EU level for the months to come, and seeking feedback on further action at all levels in the area of employment and social rights. Already today the ...

European Commission publiished the second edition of the Recipe book for social finance. This is a practical guide for developing financial instruments and finance markets for social enterprise. It is designed to serve primarily social enterprise finance practitioners (investors, intermediaries and support organisations), but it could also be of interest to social enterprises and to policy makers that wish to ...

We are looking for motivated, creative and enthusiastic candidates for the position of Project Coordinator (PC). MFC is an international NGO and the leading social finance network uniting 113 institutions in Europe and Central Asia. We care for promoting fairness, inclusion, equality and responsible service. You will be responsible forcoordinating international projects, representing the organization, managing relationships with key partners ...

Every day in Europe, 2.8 million social economy enterprises employing some 19.1 million people are dedicated to solving societal challenges whilst running a sustainable business. All in all, this accounts for some 6.3% of the total paid workforce in Europe. Unlike traditional businesses, social enterprises create revenues and profits that are directly re-invested into up-skilling, innovative jobs and training opportunities. ...

The Romanian microfinance institutions managed to access 8.3% of the EaSI Guarantee Facility’s budget, making available more than 170 million Euros for financing small businesses, sole entrepreneurs and farmers who carry out income generating activities, and this one it’s just the beginning, another 5 transactions are ready for signing and implementation during the first months of 2020. Few know that ...

Together with member MFIs, MFC developed a practical set of questions, which help MFIs understand how they can use Internet and mobile solutions to reach out to bigger number of clients, build online sales channel, improve efficiency of lending process or communication with existing clients. The questions, which should be asked to clients, are accompanied by a simple guide on ...

The paper presents the concept of financial health for small businesses and describes the MFC’s approach to constructing a comprehensive measure of financial health. First, the paper argues for the need to develop a measure of financial health for a small business that goes beyond traditional balance sheet and income statement-based financial indicators. Next, the paper consolidates emerging understanding of ...

Bootcamp is blooming – secure your spot in the 2020 edition already now! Fill in the #DigLitBoocamp Declaration of Attendance! Send the declaration by 31/12/2019 to Joanna Trela, Project Coordinator (jtrela@mfc.org.pl) Extended till 31/01/2020!!   Do you feel prepared for the digital transformation? From MFC Membership Digitalization Survey we’ve learnt that 58% of the Member MFIs from Europe and Central Asia ...

Know your client! – this call has never retired. We observe that MFIs underestimate their clients’ digital readiness. “Our clients do not use Internet” we keep on hearing, while the number of clients engaging with Internet grows at great pace. Together with member MFIs, MFC developed a practical set of questions, which help MFIs understand how they can use Internet ...

On 13 January, the European Union is offering a webinar for microfinance institutions (MFI) interested in improving their organisational culture and conduct and aligning to the regulations of the Financial Conduct Authority. The Financial Conduct Authority (FCA) has replaced one of its standards – the Approved Persons Regime (APR) with a Senior Managers and Certification Regime (SM&CR) affecting all financial institutions regulated ...