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Tag Archives: MFC Member

Welcome to our new member: SMART CREDIT from Moldova!

The SMART CREDIT LLC is a moldavian microfinance institution operating in 5 branches, placed mainly in small cities: Ungheni (2 branches), Calarasi, Cimislia and Chisinau, oriented to small entrepreneurs and social disadvantaged people: 70 % of the SCs’ clients are people from rural regions of Moldova and 56 % of the SCs’ clients are women. The SMART CREDIT’s vision is ...

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4th Annual CEO Forum Summit at the MFC-EMN Annual Conference 2018

Dates: 5-6 October 2018 Location: Bilbao, Spain Topic: Technology 4th Annual CEO Forum Summit will take place at the end of the joint MFC-EMN Annual Conference in Bilbao.  The CEO Summit will start at 5 pm on Friday, October 5 and will continue Saturday October 6. The CEO Forum Summit is a private space for the chief executives and leaders of microfinance institutions ...

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Albania: Establishment of a National Working Group with the support of MFC and EC

In cooperation with the Microfinance Centre (MFC) and with the support of the European Union, the Albanian Microfinance Association (AMA) has initiated a series of workshops relating to the future vision and role microfinance can play in the future development of the county. The findings of the workshop, will constitute the basis for the drafting of a strategic sectorial paper ...

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Inclusive fintech: Guidelines for Investing in Responsible Digital Financial Inclusion

responsAbility Investments, the Microfinance Centre Member, is an Inaugural Signatory to the newly defined, globally applicable Guidelines for Investing in Responsible Digital Financial Inclusion. These Guidelines, an initiative co-led by the IFC and developed in collaboration with a group of over 50 fintech investors and digital financial innovators, aim to spread the benefits of the fintech revolution more widely. The ...

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The European Investment Fund and Erste Group sign EUR 50 million deal to finance social enterprises

The European Investment Fund and Erste Group sign EUR 50 million deal to finance social enterprises in Austria, Croatia, the Czech Republic, Hungary, Romania, Slovakia and Serbia. Deal signed under the framework of the EU Programme for Employment and Social Innovation (EaSI) All seven Erste Group member banks can now grant loans at reduced interest rates and with lower collateral ...

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Macedonia hosted the 3rd Regional forum: Human resources in Microfinance

On May 13-14, 2018, the Alliance of Microfinance Organizations hosted the 3rd regional microfinance forum “Human resources in Microfinance-Current trends and challenges in the region”, following the first regional forum “Financial inclusion through Microfinance-Current condition, status and challenges” from 2016 and the second regional forum “Payment Services-The role of non-banking microfinance organizations” from 2017. The forum, attended by HR managers ...

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MFC Members Fondi BESA and FAER has been awarded ECoCG

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) ...

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The Azerbaijan Micro-finance Association Awards 2018

The Azerbaijan Micro-finance Association (AMFA) held its 11th Annual Award Dinner on  20 April,  2018.   According to its set tradition, Award Dinner was organized with aim to boost networking between financial institutions and other stakeholders as well as to provide official recognition to the organizations with best practices in performance on different nomination categories. During the event AMFA also awarded ...

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MFC Members News: ADIE’s 30th Anniversary Celebration

On March 29, 2018, the Association for the Right to Economic Initiative (ADIE) celebrated its 30th anniversary in Paris. It was a time to celebrate and reflect on Adie’s accomplishments in 2017 and unveil its new 2018-2020 Strategic Plan. It was also an opportunity to share the results from Adie’s nation-wide initiative which collected micro-entrepreneurs’ proposals on how to improve ...

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Welcome to our new member: Global Credit UCO from Armenia!

The main objective and mission of “GLOBAL CREDIT” UCO CJSC is to take a leading position in  financial market of Armenia, to render a wide range of loan services to their customers and to play a serious role in competitive market. In the light of that the company’s strategy and further activities are directed to achievement of the above mentioned ...

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