Author Archives: admin

EaSI TA Workshop in Albania Met Attendees’ Expectations

The EaSI Technical Assistance recent workshop, entitled “Applying for and Contracting EaSI Financial Instruments for Microfinance Institutions” was designed to help Albanian microfinance institutions learn what services are available under the EaSI Technical Assistance Programme and understand how to apply for them, as well as the EaSI Financial Instruments. The workshop took place in Tirana, Albania on 13 December 2018, and was sponsored ...

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Subscribe to MFC Newsletter

  Previous newsletters View recent editions of MFC’s newsletter where we curate the top news on financial inclusion and microfinance: MFC Newsletter No.1/2019 MFC Newsletter No.4/2018 MFC Newsletter No.3/2018 MFC Newsletter No.2/2018 MFC Newsletter No.1/2018  

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Join MFC Webinar: EaSi TA support for MFC Members

Date: 16.01.2019,  11:00 CEST Topic: EaSi TA support for MFC Members Speaker: Aldona Rutkowska, Capacity Building Manager, MFC Are you a manager in charge of planning training and technical assistance in your MFI? We invite you to join our upcoming webinar to learn how the EaSi TA program can support your internal capacity building plans. We’ll also use this webinar ...

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Harvard Business School – Accion Program on Strategic Leadership in Inclusive Finance

The Harvard Business School (HBS) – Accion Program on Strategic Leadership in Inclusive Finance is the first executive education program of its kind to provide high-level management and leadership training to those shaping the microfinance industry, including CEOs of leading microfinance institutions and executives of mainstream banks entering the microfinance market. The intensive six-day program offers leaders from around the world ...

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Proposal for a revised EU definition of microfinance and microcredit

  The existing EU definition of microfinance i.e. the maximum amount of 25.000 € is not satisfactory as it does not recognize the specificities and the developments of the sector. MFC and EMN joined forced and in consultation with their Members in 2017 worked out a new definition of microcredit and microfinance that helps to better identify potential beneficiaries of ...

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Note on Capital Markets Union and the development of microcredit for an inclusive entrepreneurship

  One of the main issues of the capital markets union is to unlock financing of innovation and enterprises. As 92% of European enterprises are microenterprises of less than 10 employees and many of them are excluded from access to banks, it seems important to include these “missing entrepreneurs” in the total demand of the capital market. Most challenging obstacles ...

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Note on Inclusive Entrepreneurship

  92% of the total number of enterprises in Europe are microenterprises with less than ten employees. The setting up of microenterprises has become more attractive for a wider strata of population than before. However, based on several recent studies, the national frameworks for entrepreneurship in the EU member states are not yet as inclusive as they need to be ...

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MoU EMN-MFC and the EIB group

  The microfinance sector is in rapid development within the EU at a time when micro-entrepreneurship is becoming a growing option next to salary employment or unemployment benefits. In this framework, all efforts should be developed at EU level to support the microfinance sector in terms of policies, regulation, finance and technical assistance. This MoU is to develop a privileged, ...

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Note on ESF Market Failures for Microfinance in Europe Findings “short mapping”

  Supporting entrepreneurs setting up their own business is one of the objectives of the European Social Fund (ESF). ESF offers a range of funding opportunities for financial and non-financial services. It has been used to co-finance entrepreneurship training and guarantee funds in different countries such as Lithuania, France and Germany to name a few. Nevertheless, even when ESF have ...

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Read the MFC’s latest digitalization case studies

The MFC’s recent “The Tech-and-Touch Mix in Microfinance” case study considers how MFIs in Europe incorporate high-tech solutions with a traditional high-touch approach to providing microfinance services, and discusses emergent models to combining the two approaches. Read more “Experimenting with Digital Solutions: Initial Lessons from European Microfinance” reviews digital applications and experimentation in digital transformation of EU MFIs. Using a digital ...

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