The European Code of Good Conduct for Microcredit Provision (ECoCG) provides a set of standards in terms of management, governance, risk management, reporting, and consumer and investor relations that are common to the microcredit sector in the European Union. These standards are for the benefit of customers, investors, funders, owners, regulators and partner organisations.
Since 2016 17 microfinance practitioners received ECoGC certification including MFC Members: BCRS Business Loans (UK) good.bee Credit (Romania), ADIE (France). The Code of Good Conduct is primarily designed to cover non-bank microcredit providers which provide loans of up to €25000 to micro-entrepreneurs.
The Microfinance Centre supports implementation of the European Code of Good Conduct by providing TA, organising webinars and other awareness raising events.
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