Author Archives: admin

Experimenting with Digital Solutions: Initial Lessons from European Microfinance

This case study reviews digital applications and experimentation in digital transformation by European microfinance institutions. Using a digital transformation framework developed by the Microfinance Centre, the case explores the application of technology to core business processes and analyzes the use of various applications such as social media, virtual collaboration, mobile tools, data analytics and artificial intelligence. In addition to presenting ...

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The Tech-and-Touch Mix in Microfinance

This case study reviews how European MFIs incorporate high-tech solutions with the traditional high-touch personal approach to providing microfinance services and discusses the emergent models that MFIs are applying to combine these two approaches. Unlike FinTechs, MFIs retain the personal touch as a distinctive feature and a unique sales proposition of microfinance but there are differences as to when and ...

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Business Development Services and Microfinance: Case Studies in Operational Models

  The MFC research reviews the involvement of microfinance institutions in the provision of non-financial services to clients and other constituents. The provision of business development services (BDS) alongside credit has become a salient feature of many European MFIs. Over the years, different models of BDS have emerged, varying both by level of integration with core financial services and the ...

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EaSI Programme? It’s easy! Check out these top tips!

Oleg Moraru CEO, good.bee Credit (microfinance institution from Romania) is sharing with us top tips and tricks to using the different components of the EaSI Programme funded by the European Commission based on good.bee’s experience receiving its certification for compliance with the European Code of Good Conduct for Microcredit Provision, and the support it has had from the EaSI Guarantee Facility and EaSI Technical ...

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International Workshop on Saving Group Movement in Europe

On the 19th of June 2018, the Hague University of Applied Sciences hosted an international workshop “Saving Group Movement in Europe: A new way to foster financial and social empowerment” in partnership with the Microfinance Centre and Metlife Foundation. This workshop focused on the potential of savings groups for micro-entrepreneurs and citizens who can benefit from improved skills to manage their finances at ...

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MFC explores the role of fintech sector in advancing financial inclusion

In the recent months, the MFC has conducted studies on the FinTech sector and its role in providing financial services to excluded and underserved groups in Poland and Ukraine. We have successfully identified FinTechs that contribute to financial inclusion and improved financial health, and explored their current and potential future cooperation with traditional finance providers. In Ukraine, our research was ...

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First EaSI Technical Assistance webinar: Opportunities and enablers of digitalisation for microfinance institutions

Date: 19 December 2018, ended Speaker: Jarosław Dmowski, digital expert Facilitator: Justyna Pytkowska, MFC Download webinar recording To help all interested European microfinance institutions understand better how to position themselves in the digital space, the European Commission is sponsoring a webinar organised under the umbrella of the EaSI Technical Assistance for Microfinance programme and hosted by the Microfinance Centre (MFC). ...

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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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