Current Projects

LETS SAVEE

LEarning, Teaming up and Saving – SAVing groups for Employabiliy and Empowerment, in other words LETS SAVEE, is a new project which MFC is coordinating. The project aims at exploring the potential of saving groups in the European countries context, for improving low income and marginalized group entrepreneurial skills and access to finance. In the current European context, poverty and ...

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Digital Literacy Bootcamp

Being present online is a must for microfinance institutions. However, a big question is how to do it effectively to ensure an institution’s visibility to the customers they want to attract? The #DigLit Bootcamp aims at building strong foundation for digital transformation processes in MFIs by targeting basic skills, knowledge and capabilities related to digitalisation among MFI staff and management.The ...

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Financial Health of Microenterprises

Project background Financial health is more than a simple metric of business success (e.g. profitability, secure cash flow, growth potential, etc.) Financial health is achieved when daily systems help build resilience and pursue opportunities. It includes the ability to meet financial obligations (e.g. bills, taxes, payroll) and  maximize the collectability of sales; access to funds to weather financial storms; and ...

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Microfinance Client Digital Financial Service Readiness

Project background For financial institutions, introducing new technological solutions to digitalize the customer experience is the hot new trend. While for many clients, this means a higher quality of interactions with the financial institution (in terms of time and effort), for others it is an unwelcome change. It is crucial for each financial institution to understand their own clients’ digital ...

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EaSI Technical Assistance to the European Microcredit Sector

Project description The European Programme for Employment and Social Innovation (henceforth “EaSI”) Technical Assistance will continue under the direct management of the European Commission – Directorate-General for Employment, Social Affairs and Inclusion. The EaSI Technical Assistance services support public and private financial intermediaries of the microfinance sector in Europe with a wide range of activities aimed at increasing the quality of ...

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5th European Microfinance Day: Empowering tomorrow’s entrepreneurs

The European Microfinance Day was launched in 2015 as a tool to highlight the impact of the microfinance sector in Europe from a social and an economic perspective. The main objectives of the European Microfinance Day are: To raise awareness among European citizens on the existence of microfinance and on its value to fight unemployment and social exclusion. To draw ...

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DRSAT: MFI Digital Readiness Self-Assessment Tool

New technology and digital transformation can spell big changes for an institution’s working habits, processes, products and services. To unlock the potential of digital tools, MFIs first need to understand where they are starting from. An MFI’s ability to implement large-scale digital initiatives is called its ‘digital readiness’. By identifying digital challenges and opportunities across both internal and external aspects ...

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Financial Inclusion for Inclusive Growth in Europe II: A collaboration with the European Commission 2018–2021

Project Description The overall objective of the program “Financial Inclusion for Inclusive Growth in Europe II” is to widen and deepen financial inclusion of the European citizens. To achieve this, the MFC program encompasses advocacy and capacity building for EU practitioners and policymakers. Project status: active Project duration: 2018 – 2021 Project regional focus:  EU countries: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, ...

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Microfinance Barometer

Project background The purpose of the Microfinance Barometer is to provide insights into country-level issues and priorities in delivering microfinance and supporting entrepreneurship. The research is focused on identifying weaknesses in the legal/regulatory environment, the capacity of MFIs, and limitations in the abilities of clients to use microfinance services. Project status: active Project regional focus: Europe and Central Asia Project objectives  The ...

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Borrow Wisely! Financial Education Campaign

What is Borrow Wisely! Campaign? The Borrow Wisely! promotes global client protection standards. This annual international campaign is led by the MFC and its partners. We work with any institution that is a responsible lender (complying with current global standards of client protection) working in the Europe and Central Asian region. What is our goal? We aim to educate large ...

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