Tag Archives: Access to Finance

LETS SAVEE – new project launched !

LEarning, Teaming up and Saving – SAVing groups for Employabiliy and Empowerment, in other words LETS SAVEE, is a new project which MFC is coordinating. This is a two-year initiative undertaken by a consortium of 7 organizations includes MFC and: Stichting Cash2Grow from the Netherlands Asociación CAF,Comunidades Autofinanciadas from Spain SavingBuddies e.V. from Germany FUNDACIO PRIVADA SERVEI SOLIDARI PER LA ...

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IFC Lending $16 million to BT Mic to Support Romanian MSEs

International Finance Corporation (IFC) said it is providing $16 million (14.5 million euro) to Romania’s BT Mic to improve access to finance for micro and small enterprises (MSEs) and toward financial inclusion of women-owned small businesses in the country. The financing to BT Mic is designed to address the challenges that MSEs face in access to finance in Romania, IFC, ...

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EU Funding Toolkit – a Very Useful Resource on EU Funding Programmes by Euclid Network

Euclid Network in cooperation with EC prepared a very handy toolkit about all of the EU funding programmes. It can be very useful for all of the MFI’s, social enterprises, start-ups, institutions helping migrants You can find there the Overview on EU funding instruments: EaSI, COSME, ESF, Interreg Europe, Erasmus+, LIFE and Horizon 2020. If your institution is searching for ...

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EU Commission Announces Action Plan for Social Economy

The Commission presents a Communication on building a strong social Europe for just transitions. It sets out how social policy will help deliver on the challenges and opportunities of today, proposing action at EU level for the months to come, and seeking feedback on further action at all levels in the area of employment and social rights. Already today the ...

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A Recipe Book for Social Finance Published

European Commission publiished the second edition of the Recipe book for social finance. This is a practical guide for developing financial instruments and finance markets for social enterprise. It is designed to serve primarily social enterprise finance practitioners (investors, intermediaries and support organisations), but it could also be of interest to social enterprises and to policy makers that wish to ...

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Easy-to-Use Tools to Understand What Your Clients Are Ready to Do Online

Know your client! – this call has never retired. We observe that MFIs underestimate their clients’ digital readiness. “Our clients do not use Internet” we keep on hearing, while the number of clients engaging with Internet grows at great pace. Together with member MFIs, MFC developed a practical set of questions, which help MFIs understand how they can use Internet ...

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The ILO Financial Education Programme is Launching an e-learning Course

International Labour Organization has announced a new, free-of-charge e-learning course on Financial Education. This course complements the face-to-face training and awareness raising campaigns that the ILO Financial Education Programme has conducted over the years, training over 100,000 people worldwide. The course provides the e-learners with the knowledge, skills and competencies needed to better manage their personal finances. The course is now available free ...

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New EaSI Fund Launched

The new fund called EaSI Funded Instrument has been launched with a loan fund of €200 million to boost the lending capacity of microfinance institutions and social enterprise lenders in Europe. The EaSI Funded Instrument provides senior and subordinated loans to microfinance institutions and social enterprise lenders to boost on-lending to micro-enterprises and social enterprises. In order to support job creation and social inclusion, the EaSI ...

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Roundtable in Belgrade – TV interview with Grzegorz Galusek, MFC Executive Director

    The meeting in Belgrade gathered representatives of Serbian government and Chamber of Commerce, European Commission, European Investment Fund and many microfinance practitioners and other stakeholders involved. It was supported and facilitated by Microfinance Centre. The aim was to find solutions to improve the regulatory and legal infrastructure in order to assure Serbian financial sector becomes more inclusive. Watch ...

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Awards and Announcements – Brussels Event of the European Microfinance Day #2019EMD

17 October 2019 was a special day for European microfinance. Organized jointly by Microfinance Centre and European Microfinance Network, Brussels Event gathered representatives of microfinance institutions’ and associations, who urge to constantly improve their services. This perpetual will for championing, keeping up with change and meeting the standards paid off: members of both MFC and EMN were awarded with European ...

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