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 their internal processes, enhancing access to finance for vulnerable groups in particular, and creating a sustainable European microfinance ecosystem.

The EaSI Technical Assistance services include tailored trainings and trainings on the European Code of Good Conduct for Microcredit Provision, ratings, institutional assessments, and Code evaluations – the latter a prerequisite for microfinance institutions that want to benefit from the EaSI Financial Instruments and/or EaSI Grants. In addition, to further strengthen the European microfinance sector and facilitate the exchange and dissemination of good practices the EaSI Technical Assistance team organises peer-to-peer trainings, study visits, and microfinance workshops. Finally, a dedicated Helpdesk facilitates the sharing of best practices and increases awareness for the microfinance sector in Europe.

Project status: active

Project regional focus:

EU countries: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania , Slovakia, Slovenia, Spain, Sweden, United Kingdom

and Albania, Montenegro, Serbia, Turkey, Republic of North Macedonia, Iceland, Norway

The Service providers

Frankfurt School of Finance & Management is leading a Consortium with the Microfinance Centre and the European Microfinance Network to implement the training services under EaSI Technical Assistance. MFR is implementing the rating, assessment and evaluation services for selected microcredit providers.

For more information, do not hesitate to send an email to easi.ta@fs.de for EaSI Technical Assistance and to easi.ta@microfinanzarating.com for ratings, institutional assessments and Code evaluations.

The Helpdesk

The fully renovated Helpdesk is a free service accessible at all times on the recently redesigned EaSI MicPro website, the European Commission’s web platform dedicated to microfinance in Europe. The tool aims to assist all institutions and individuals interested in European microfinance and can provide questions to multitude of topics, including: EaSI Financial InstrumentsEaSI Technical Assistance for European Microfinance and the European Code of Good Conduct for Microcredit Provision.

What services are available?

The EaSI Technical Assistance Programme delivers three strands of support:

Capacity Building

The EaSI Technical Assistance service providers offer institutional assessments or optional ratings to selected microcredit providers. These services are usually followed by technical assistance in the form of tailored trainings or investment-readiness trainings to increase the quality of internal processes of the organisation.

Accessible only for selected Beneficiaries.

European Code of Good Conduct

EaSI Technical Assistance offers advice to microcredit providers regarding the implementation of the European Code of Good Conduct for Microcredit Provision (the Code) by way of training and evaluating their compliance with all clauses.

Accessible for all European microcredit providers signed up or endorsing the Code.

Dissemination of Best Practices

The EaSI Technical Assistance team also offers market development services to the wider public in the form of workshops on microfinance related topics, peer-to-peer trainings and study visits, as well as a Helpdesk tool to lodge information requests on microfinance in Europe, in order to help spread best practices and improve the visibility of microfinance in region.

Accessible for all individuals, microenterprises and organisations interested in microfinance in Europe.

Who is eligible

All microcredit providers (greenfield microfinance institutions, non-bank microcredit providers, guarantee granting institutions and licensed banks with microcredit products) in the 28 member states of the European Union (EU), as well as those in Albania, Iceland, North Macedonia, Norway, Serbia and Turkey may sign up to the Code and respond to dedicated calls for expression of interest to request technical assistance. Other countries might follow.

How to apply

To apply, eligible microcredit providers from the EaSI countries of operation must first sign-up to the European Code of Good Conduct for Microcredit Provision, a European-wide initiative to promote best practices within the sector. In addition, the institutions should apply to an open Call for Expression of Interest – the next such Call will launch during the first quarter of 2019. For more information, visit the European Commission’s webpages dedicated to EaSI Technical Assistance on ec.europa.eu/social/easi

Downloads

The EaSI brochure in English, French & German.

EaSI TA Flyer

Financial instruments working with microfinance. Factsheet

Project News

Discover EaSI TA news and events!

This initiative has received financial support from the European Union
Programme for Employment and Social Innovation “EaSI” (2014-2020).
For further information please consult: http://ec.europa.eu/social/easi