Tag Archives: Responsible Finance

Exploring the Relationship between Fintech and Financial Inclusion at the MFC Annual Conference 2019

When the first Fintechs appeared, experts predicted they would usurp mainstream finance—later scaling back their predictions to mere ‘disruption’. The increasingly dominant view, however, is that while Fintechs will catalyse advances in the finance industry as a whole, they are likely to do so as collaborators with astute incumbents, rather than direct competitors. The landscape of future collaboration between Fintechs ...

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Consumer Protection Standards for Digital Credit Opened for Public Comment

The Consumer Protection Standards for Digital Credit were created in order to operationalize where the financial inclusion industry sets the bar in terms responsible digital lending practices. They build off of the Client Protection Principles and extend Smart Campaign’s current Client Protection Standards to encompass emerging risks to low-income customers of digital credit. Based on the latest industry research, field ...

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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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The Universal Standards for Social Performance Management – Where do we go from here?

  The Microfinace Centre, the CERISE and the SPTF in cooperation with e-MFP Making Microfinance Responsible (MIR) Action Group have published brief “The Universal Standards for Social Performance Management – Where do we go from here?” The brief presents lessons from five years of promoting the Universal Standards for social performance management (SPM) for responsible microfinance and tries to answer ...

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Borrow Wisely Financial Education Campaign

What is Borrow Wisely Campaign? The Borrow Wisely promotes global client protection standards. This annual international Campaign is led by the MFC and its partners. We work with any institution that is a responsible lender (complying with current global standards of client protection) working in the Europe and Central Asian region. What is our goal? We aim to educate large ...

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2017 Borrow Wisely Campaign Results

We are pleased to share with you the final evaluation results of our 2017 Borrow Wisely Campaign! The Borrow Wisely Campaign is an international initiative to promote customer protection standards and financial education. The Campaign is realised with our partners, which use an opportunity to re-confirm customers care orientation and commitment to responsible finance. The fourth edition was realized in ...

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Join fi-compass ESF Conference about Financial instruments

Second fi-compass ESF Conference Financial instruments funded by the European Social Fund – boosting social impact 8 – 9 March 2018, Brussels, Belgium   The European Commission, Directorate-General for Employment, Social Affairs and Inclusion (DG EMPL), supported by the European Investment Bank, is pleased to announce the Second fi-compass ESF Conference ‘Financial instruments funded by the European Social Fund – ...

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Watch and listen again to recent Webinars!

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 ...

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Register to join upcoming webinars on SPM!

 How to ensure that my organisation does not harm clients? 24 October| 12:00 PM – 1:00 PM CEST The session will focus on How to ensure that my organisation does not harm clients? and will look at how to understand good practice standards to prevent clients becoming overindebted, to understand the importance of transparency, and to examine some examples from ...

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Albanian Microfinance: 25 Years in the Service of Free Entrepreneurship

The Albanian Microfinance Association (AMA) brings together the most consolidated Albanian MFIs with an outstanding loan portfolio of approximately USD 120 million and a client outreach of over 61,000. With a current GDP per capita of USD 4,146 and 45% of its population living in rural areas, Albania shows a strong demand for microfinance products. Most of Albanian MFIs follow a socially-responsible ...

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