Borrow Wisely Campaign 2020 – the 7th edition in October

News:

October will be a month of wise borrowing for the seventh time already! The campaign is growing and evolving, but the key message stays the same – we are uniting to educate microfinance Clients. Under the auspices of the MFC and with great work and support from participating organizations, each year we are spreading the word about the power of wise loans.

You cannot miss it!

How #2020BWC will be organized in the times of the pandemic?

The current situation has inspired us to modify the campaign. Most of the BWC activities will be moved into the on-line space. The Borrow Wisely Team has prepared a dedicated communications guide to help you digitalize your activities.

For these institutions, which find the off-line actions more effective we also provide guidance and support. With all the health and security measures, your Borrow Wisely Campaign fairs, workshops and trainings will be a success – as usual.

No matter if your institution decides to go on-line, stay off-line or combine both approaches, MFC is here to support you. This year we will launch also a group aiming at sharing good practices, experiences and preparing recommendations.

Questions? Do not hesitate to contact Aleksandra Karabon, Borrow Wisely Campaign’s coordinator at aleksandra@.mfc.org.pl

Institutions participating in #2020BWC (more to come..!)

Do not hesitate to check out their websites and Facebook pages. You will surely see lots of exciting news about Borrow Wisely Campaign. We will be updating this page with other social media channels’ recommentations, stay tuned!

Albania	Agro&Social Fund	Facebook	LinkedIn
	Noa	Facebook	LinkedIn
	Albanian Microfinance Association AMA	Facebook	LinkedIn
	Fondi Besa	Facebook	LinkedIn
Armenia	UCORA	Facebook	LinkedIn
Azerbaijan	AMFA	Facebook	LinkedIn
Bosnia & Herzegovina	EKI	Facebook	LinkedIn
	Lider	Facebook
	Mi-Bospo	Facebook	LinkedIn
	Partner	Facebook
	Sunrise	Facebook	LinkedIn
	Amfi	Facebook
Bulgaria	SIS Credit	Facebook	LinkedIn
Greece	Business and Cultural Development Centre (KEPA)	Facebook	LinkedIn
Kosovo	AFK	Facebook
Macedonia	Horizonti	Facebook
Moldova	Microinvest	Facebook	LinkedIn
Montenegro	Monte Credit	Facebook
Poland	PZFP	Facebook
Romania	Vitas	Facebook	LinkedIn
Serbia	Agroinvest	Facebook
	Opportunity Bank	Facebook	LinkedIn
Ukraine	Hope	Facebook

Just to remind you what is BWC all about..

Borrow Wisely! is an annual international campaign promoting global client protection standards through borrowers education. Just like the previous years, MFC and partner organisations will be delivering key messages about how to borrow money safely, harnessing the positive power of loans and avoiding the pitfalls of too much debt. Read more about the campaigns goals, previous years’ editions and participants

How was BWC 2019?

Client’s workshops and fairs, along with one-on-one meetings for borrowers organized at the MFI’s branches; educational materials distributed through on-line channels : websites and social media; many kinds of different events limited only by MFI’s/Associations’ imagination – that is how Borrow Wisely Campaign (BWC) participants reached out to their Clients.

And what do Clients say themselves?

I attended the “Skills Camp” in Thessaloniki which was held by the “Women on Top” Organization past October, and more precisely, the microSTARS workshop about funding tools, which was very interesting, offering practical information. The Health Check quiz was a “food for thought” exercise that enabled us to start thinking about potential mistakes of our economic/financial management.

– Participant of a workshop by Business and Cultural Development Centre – KEPA, Greece

Final evaluation of the 2019 BWC edition results are very impressive yet inspiring:

25 partners of the Campaign
across 15 countries in Europe and Central Asia
We reached to 1 991 953 people

Partners of the 2019 Borrow Wisely Campaign: Agro&Social Fund and Noa Sh.a (Albania) Farm Credit and UCORA (Armenia); AMFA (Azerbaijan), EKI, Lider, MiBospo, Parner and Sunrise (Bosnia and Herzegovina); SIS Credit and Ustoi (Bulgaria); Kepa (Greece); AFK (Kosovo); Horizonti,(Macedonia); MicroInvest (Moldova); Monte Credit (Montenegro); The Polish Union of Loan Funds (Poland) Vitas (Romania); Agroinvest and Opportunity Bank (Serbia); Imon (Tajikistan); and Hope (Ukraine).