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. Fondi BESA (Albania) and FAER (Romania) ...

One and a half year ago EMN initiated a Think Tank on Social Performance Management and invited MFC to participate. The Think Tank, which integrates practitioners, network representatives, and investors held a series of meetings in order to discuss how to integrate into the EU Code of Good Conduct for Microcredit Providers and a more social approach based on international ...

Microfinance & Business start-ups: Review of the current practice in Europe   Mikfrofinans Norge microfinance precedent Watch WebEx recordings. Download the WebEx player first! Presentation in PDF Implementing the European Code of Good Conduct – practitioners experience Presentation in PDF   Delivering Financial Capability: A Look at Business Approaches This webinar was organised as part of the celebrations of the ...

Dear Readers, On behalf of the EaSI TA project team, we would like to congratulate you on the 3rd European Microfinance Day, which was officially held last month on 20 October! Our third project newsletter also brings you key updates from the different initiatives under the EaSI TA project. We are pleased to share that more organisations have been certified as compliant ...

Date: 15th November 2017, ended The webinar was focused on presenting practitioners experience about the European Code of Good Conduct implementation. During the session, we learned how to effectively prepare for the Code evaluation based on the good.bee Credit (Romania) experience. We finded out how to implement some challenging clauses and what are the benefits for the institution based on ...

Ask your first question   WHO CAN USE THE HELPDESK? Any institution or individual that would like to know more about microfinance in Europe can use the Helpdesk. It’s particularly relevant to microfinance and guarantee-granting institutions, public and private banks, local and regional authorities, networks, business incubators, research centres and potential clients. WHAT KINDS OF QUESTIONS CAN YOU ASK? The Helpdesk will provide tailored answers, within the ...

  MFC Policy Paper No.5: Demystifying the role of microfinance in job creation The paper discusses the role of microfinance in job creation through self-employment and microenterprise. Despite high expectations, in general microenterprises have a limited however socially important contribution to job creation. It is necessary to distinguish between growth-oriented young firms that have a potential to create jobs and ...

  Dear Readers, Our second project newsletter brings you important milestones for the EaSI TA project: namely the successful completion of the Second Call for Expression of Interest, as well as the conclusion of the pilot phase of the EU Code of Good Conduct for Microcredit Provision (“the Code”). We are pleased to share updates to the Code, as well as ...

The pilot phase testing the European Code of Good Conduct for microcredit provision with some microcredit providers has come to an end in April 2017. This test phase has allowed some conclusions to be drawn in order to better meet the needs of the microcredit market in Europe. Revision of the APR clause: The networks have voiced some concerns about ...

Europe’s first microcredit provider (MCP) to receive certification for compliance with the European Code of Good Conduct for Microcredit Provision (referred to as ‘the Code’) is the Dutch firm Qredits. Qredits was founded as a non-profit organisation in 2009 to assist the social and financial inclusion of micro-entrepreneurs in the Netherlands. Elwin Groenevelt, the General Director of Qredits welcomed this certification ...