NEWS

Financing start-ups and social outcomes measurement

In a time of economic slow-down, the idea of financing start-up enterprises in the EU is quite alluring. As such, start-ups (enterprises in early stages of development, generally less than 2 years old) are high on European Commission’s agenda. For this reason, the MFC is taking a deep dive on how microfinance can support start-ups. We will examine existing practices ...

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Latest developments in entrepreneurship education in the EU

The recent “Entrepreneurship Education at School in Europe” report, published by the European Commission, provides an overview of the variations in understanding of the concept of “entrepreneurship education” across EU member states. Although the definition recommended by the European Commission sees entrepreneurship education as one of the European Key Competences,[1] not all member states have adopted this approach. The European ...

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2016 Borrow Wisely Campaign kicks off in October!

#BWC2016   We’re proud to announce that 21 organizations from 15 countries will participate in our third region-wide Borrow Wisely Campaign. Our aim, as always, is to educate massive numbers of clients and potential clients about how to borrow wisely – harnessing the positive power of loans and avoiding the pitfalls of too much debt. This year, for the first ...

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MFC 2016: News from Tirana

The 2016 MFC annual conference “Microfinance in the Cloud”, held in partnership with the Albanian Microfinance Association (AMA) brought over 380 participants from 41 countries to Tirana! The over-arching conference theme considered the space that microfinance could potentially occupy if it fully embraces new technology, or the detachment it will suffer if it does not.  It was an honor to welcome ...

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New financial education strategy in Kyrgyzstan is adopted!

We are proud to announce that in June 2016, the Kyrgyz government adopted a national-level financial education strategy for the entire population of the country that we developed on behalf of the National Bank of the Kyrgyz Republic last year. The four-year comprehensive strategy will officially be launched in the autumn of 2016. MFC expert Piotr Korynski led the design ...

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CEO Summit 2016: From crisis management to strategic foresight

The third annual CEO Summit brought together sector leaders in Tirana for a two-day roundtable at the end of MFC 2016. This year’s event focused on the challenges faced by CEOs analyzed from two different perspectives: dealing with crisis situations, and anticipating (and preparing for) the future. Dr. Andrew Pospielovsky led the discussions on managing MFIs through crisis. The CEOs ...

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ASPEKT takes top tech prize

The software solution designed by ASPEKT (Macedonia) and used in Microcredit Foundation EKI (Sarajevo) won the 1st prize in the “vertical solutions” category at the recent European IT & Software Excellence Award Competition. The London award ceremony took place at a gala event for 86 finalists from 21 countries. The competition is traditionally organized by the IT market research agency ...

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MFC is proud to present the first ever MFC Innovation Award!

MFC’s Innovation Award explores the new trends in optimizing business processes through the Digitalization for a Connected World. To learn more about how to participate, please find the details below. Innovation Award Overview: MFC’s Innovation Award would like to recognize and further stimulate organizations from the ECA region that add significant contribution to financial inclusion, society and improving peoples’ lives through ...

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Watch Our Video on the European Code of Good Conduct for Microcredit Provision!

Still confused or curious about the European Code of Good Conduct? Don’t know if it applies to you? Need to learn how to use it? Our 4-minute video is for you!  To sign up for the ECoGC please complete the form and send it to: European Commission – DG Regional Policy – Unit B3 – European Code of Good Conduct for ...

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MFC Members Recognized for Financial Inclusion Work

      Financial inclusion is high on the European Union agenda, and we support our members to become effective inclusion advocates. We do this by continually expanding our Financial Inclusion Ambassador Toolkit. We aim at simple, strong and effective initiatives. This June, we held our second annual “Inclusion Ambassadors” award ceremony. We acknowledged four members who not only reach ...

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