Tag Archives: Financial Health

LETS SAVEE

LEarning, Teaming up and Saving – SAVing groups for Employabiliy and Empowerment, in other words LETS SAVEE, is a new project which MFC is coordinating. The project aims at exploring the potential of saving groups in the European countries context, for improving low income and marginalized group entrepreneurial skills and access to finance. In the current European context, poverty and ...

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SME Financial Health Scorecard Summary

The paper presents the concept of financial health for small businesses and describes the MFC’s approach to constructing a comprehensive measure of financial health. First, the paper argues for the need to develop a measure of financial health for a small business that goes beyond traditional balance sheet and income statement-based financial indicators. Next, the paper consolidates emerging understanding of ...

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Webinar: Financial Health of Enterprises – How Are Clients’ Businesses Doing?

Microfinance Centre is kindly inviting you to participate in the webinar: Financial health of enterprises – how are clients’ businesses doing? 17th December, 11:00 – 12:00 (Warsaw/Amsterdam/Sarajevo) CLICK TO REGISTER FOR THIS WEBINAR Presenter: Justyna Pytkowska, MFC We are proud to present the new MFC tool for measuring financial health of enterprises – SME Financial Health Scorecard, which we developed during ...

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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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Borrow Wisely Campaign 2019

The sixth annual Borrow Wisely! Campaign will take place in October 2019. Borrow Wisely! is an annual international campaign promoting global client protection standards through borrowers education. As with previous years, MFC and partner organisations will be delivering key messages about how to borrow money safely, harnessing the positive power of loans and avoiding the pitfalls of too much debt. Read ...

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Financial Health of Microenterprises

Project background Financial health is more than a simple metric of business success (e.g. profitability, secure cash flow, growth potential, etc.) Financial health is achieved when daily systems help build resilience and pursue opportunities. It includes the ability to meet financial obligations (e.g. bills, taxes, payroll) and  maximize the collectability of sales; access to funds to weather financial storms; and ...

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How Industry Executives View Financial Health – Report by CFSI

Download the Report   In the report “From Buzzword to Business Model: How industry executives view financial health”, the Center for Financial Services Innovation (CFSI) reveals how financial institutions are approaching financial health as they seek to engage customers meaningfully and profitably.  As the vast majority of Americans struggle financially, improving customer financial health is a top priority for many industry ...

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Testing Prototypes of the Financial Health Digital Tool

The Microfinance Centre has launched the next phase of our Building Financial Capabilities and Strengthening Institutions through Customer-centered Innovations project. At the end of June 2019, the project team (MFC staff and the staff of our partner Center for Financial Inclusion at Accion ) tested the first prototypes of the Financial Health Digital Tool—interviewing eight beneficiaries of Fundacja Innowacja i Wiedza (a ...

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Using Human-Centred Design to Develop Digital Tools for Financial Health

In March 2019, Microfinance Centre and Center for Financial Inclusion at Accion teamed up to conduct research in Poland and Serbia using human-centered design principles to develop a financial health digital solution for microentrepreneurs. This effort forms part of our Building Financial Capabilities and Strengthening Institutions through Customer-centered Innovations project. As part of this research, the teams interviewed 17 Polish ...

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The Borrow Wisely Campaign 2018 reached over 300,000 people. Join us in 2019!

The Borrow Wisely Campaign strengthens borrowers’ financial literacy knowledge and skills through educational materials, client workshops and one-on-one engagement between borrowers and loan officers. Our final evaluation results of the 2018 Borrow Wisely Campaign are impressive: 24 Campaign partners across 16 countries in Europe and Central Asia reached 311,363 people with campaign messages! Our partners educated people directly (individual meetings, workshops, ...

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