Tag Archives: EU Microfinance

The MFC’s activities under the Financial Inclusion for Inclusive Growth in Europe II program are evaluated positive

As part of our four-year Framework Partnership Agreement with the DG Employment, Social Affairs & Inclusion of the European Commission (under the rubric of “European networks actively promoting access to finance”), we conducted an evaluation survey to review the needs and expectations of key stakeholders (beneficiaries and partners) regarding activities carried out as part of our Financial Inclusion for Inclusive ...

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EAFRD Financial Instruments – Adequate Products for Financing Rural Infrastructures

   Date: Wednesday, 13 February, 2019  Location: Brussels, Belgium The European Commission – Directorate General for Agriculture and Rural Development (DG AGRI) and the European Investment Bank (EIB) are pleased to announce the upcoming fi-compass event ‘EAFRD financial instruments – adequate products for financing rural infrastructures’, to be held on 13 February 2019 in Brussels, Belgium. This fi-compass EAFRD event aims to further raise awareness and facilitate ...

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EaSI programme: EU launches EUR 1 million BDS Pilot to support financial and social inclusion of migrants and refugees

One of the key objectives of the EaSI programme is to stimulate the financial and social inclusion of borrowers wishing to set-up or develop their micro-enterprises and who may have limited or no access to the conventional credit market. To this end, under the EaSI Microfinance Guarantee, the offering of non-financial support in the form of business development services (“BDS”) as a complement to ...

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MFC’s 2018 Annual Highlights: Top Resources and Activities

What a busy and successful year 2018 was for the MFC! We are thrilled to bring you this review of our key activities and achievements. Enjoy and benefit from the resources we’ve prepared for you! This year, we’ve been working hard to help advance best practice and develop financial inclusion by: Supporting microfinance institutions digitalization: FinTech mapping: We conducted mapping studies ...

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EaSI Programme? It’s easy! Check out these top tips!

Oleg Moraru CEO, good.bee Credit (microfinance institution from Romania) is sharing with us top tips and tricks to using the different components of the EaSI Programme funded by the European Commission based on good.bee’s experience receiving its certification for compliance with the European Code of Good Conduct for Microcredit Provision, and the support it has had from the EaSI Guarantee Facility and EaSI Technical ...

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First EaSI Technical Assistance webinar: Opportunities and enablers of digitalisation for microfinance institutions

Date: 19 December 2018, ended Speaker: Jarosław Dmowski, digital expert Facilitator: Justyna Pytkowska, MFC Download webinar recording To help all interested European microfinance institutions understand better how to position themselves in the digital space, the European Commission is sponsoring a webinar organised under the umbrella of the EaSI Technical Assistance for Microfinance programme and hosted by the Microfinance Centre (MFC). ...

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The Microfinance Sector Consolidates Its Capability to Support Financial Inclusion in Europe

European MFIs reached outstanding gross microloan portfolio of EUR 3.2 billion in 2017, serving almost 1 million active borrowers 443,825 clients reached with non-financial services in 2017 The European Microfinance Network (EMN) and the Microfinance Centre (MFC) are proud to announce the launch of the “Microfinance in Europe: Survey Report 2016-2017”. The 8th edition of the report provides an overview ...

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Microfinance in Europe: Survey Report 2016-2017

The 8th edition of the report provides an overview of the development of the sector in terms of its main institutional characteristics, microloan portfolio, and social and financial performance for the period 2016-2017. The Report gives a sound image of the sector’s heterogeneity relating to the institutional model, the size, and the level of specialisation in microlending. The social goals ...

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Romania: the First Year of the National Working Group on Microfinance Summed up

In cooperation with the MFC several Romanian microfinance institutions including MFC members (FAER, good.bee Credit, OMRO, Patria Credit, Rocredit, Vitas) have initiated a series of meetings relating to the future vision and role microfinance can play in the country developments. The establishment of the Working Group is a part of the MFC’s initiative to support dialogue between local actors involved ...

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Update on the Process to Review the Code of Good Conduct for Microcredit Provision

The European Code of Good Conduct for Microcredit Provision is an instrument for ensuring quality standards in the European microfinance sector. It is a voluntary instrument, developed in response to the need for a unifying set of expectations and standards for the sector for the benefit of practitioners, customers, funders, investors, regulators and partner organisations. The purpose of the update ...

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