Tag Archives: Financial Inclusion

#BorrowWisely is kicking off in TWO WEEKS!

Borrow Wisely Campaign is almost here – the 7th edition is starting on the very first day of October! This year the format will be modified due to the pandemic restrictions. But that does not mean the Campaign will have a lesser impact. Just the contrary: our aim is to take advantage of  the power of online communication as much ...

Read More

Migrant Entrepreneurship Online Conference “Growing Europe”- Every Thursday of September

  Make your September count! After months of lockdown that has disproportionately affected the world’s disadvantaged communities, especially those with their own businesses to run, the need to support these people is more important than ever. The Growing Europe online conference, co-organized by the MAGNET Consortium, brings together migrants, refugees, policy makers, NGOs and the private sector to focus on ...

Read More

Borrow Wisely Campaign 2020 – the 7th edition in October

Check out: BWC in pandemic – Participating Institutions – BWC basics – BWC last year   October will be a month of wise borrowing for the seventh time already! The campaign is growing and evolving, but the key message stays the same – we are uniting to educate microfinance Clients. Under the auspices of the MFC and with great work and ...

Read More

European Commission : Public Consultations – Autumn 2020

Take part in three public consultations! Consumer Credit Directive impact assessment & review (Deadline: 1 September 2020) Consumer credit agreements (where credit is granted to an individual) include unsecured loans, credit cards and hire purchase. The EU rules on consumer credit strengthen consumers’ rights and help them make informed decisions. This initiative reviews those rules, with a focus on issues ...

Read More

Smart Campaign has Come to an End

After a decade of raising awareness and incentivizing the adoption of responsible practices among inclusive finance providers, the Smart Campaign is coming to an end. CFI will transfer the wealth of resources created by the Smart Campaign to trusted industry partners and remains committed to consumer protection and playing an active role by conducting research on emerging risks and maintaining ...

Read More

Over 1 900 000 people reached by Borrow Wisely Campaign 2019! Join us in 2020 and spread the word about smart borrowing

How was BWC 2019? First of all: Congratulations to all of the participating institutions, You have done a great job! Client’s workshops and fairs, along with one-on-one meetings for borrowers organized at the MFI’s branches; educational materials distributed through on-line channels : websites and social media; many kinds of different events limited only by MFI’s/Associations’ imagination – that is how Borrow ...

Read More

The Contribution of the Fintech Sector to Financial Inclusion and Health – A Review of Opportunities and Challenges

The case studies present findings on the current state of the fintech industry in six countries: (UK, Netherlands, Poland, Ukraine, Turkey and the Czech Republic) in the context of their potential contribution (positive and negative) to financial inclusion and financial health of individuals and small businesses. The summary paper offers a comparative analysis of fintechs’contribution to financial inclusion and health ...

Read More

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 ...

Read More

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 ...

Read More

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 ...

Read More