The year had a great start for all activities under the EaSI Technical Assistance programme, aimed to support public and private financial intermediaries from the microfinance sector in Europe.
In February, MFC as part of a consortium with the EMN led by Frankfurt School organized a study visit to bring MFIs from Bulgaria and Greece to Warsaw for two days. The goal of the visit was to exchange best practice in the field of funding with the title: “Expanding Microfinance to Vulnerable Individuals by Leveraging Government Funding Opportunities: TISE’s Experience”. Participants found it a useful experience, exploring topics such as social entrepreneurship and social impact measurement, with TISE representatives sharing their data and insights.
“The study visit to TISE was a really valuable activity since it gave us the opportunity to learn from other’s experience about social entrepreneurship and how this is measured in another EU country. Moreover, it allowed us to meet peers working in the same field and have fruitful discussions regarding the social economy. We’ll turn these ideas into action by incorporating them into our everyday activities.” —Despoina Kampouridou, KEPA (Greece)
“The good thing with that visit is that we’ve learned about new solutions we could implement in our social projects”—Neoklis Stamkos, KEPA (Greece)
In January and February MFC delivered EaSI Technical Assistance services to 2 microfinance institutions (MFIs) from Romania and Serbia. These services included tailored trainings on HR strategies development and change management.
Technical Assistance on the European Code of Good Conduct for Microcredit Provision was delivered to 4 MFIs from Hungary, Poland, Romania and Serbia. The participants rated the services as excellent, here are some testimonials:
“Piotr [Piotr Korynski, EaSI TA expert] was really friendly; his explanations were very clear. We have passed all parameters and scoring methodology. Piotr is a professional with a lot of experience in this topic, and can help with trouble-shooting. This training was very helpful for us.” –Jelena Stojkovic, AgroInvest (Serbia)
“We are thankful for the support. It helped us prepare the documentation for the evaluation and it helped us to better understand the clauses of the European Code of Good Conduct, and what questions to expect during the evaluation process. We also appreciate all the follow-up received after the TA for monitoring the evaluation process.” – Hermina Man, OMRO (Romania)
In March, MFC organizes two microfinance workshops. The first took place in Poland and focused on challenges in loan analysis. The second, in Romania, will address issues related to the Code of Good Conduct compliance process and its impact on the development of the Romanian microfinance sector.
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