NEWS

3rd AMFA Annual Meeting of Financial Educators -12th February

    Azerbaijan Micro-finance Association (AMFA) cordially invites you to join our Annual Meeting of Financial Educators on “Boosting financial education in digital era”, which will be held on 12th February, 2021 and will start at 10:00 (Baku time) within EU funded project “Accelerating development sustainable micro-entrepreneurship in rural regions of Azerbaijan” (ADSMIRRA). Annual Meeting of Financial Educators professional development meeting ...

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Impact of the European Commission’s Social Business Initiative

  In 2011, the European Commission presented the Social Business Initiative (SBI) which established an EU level action plan with concrete measures to establish a favourable environment for social enterprises (SE). This study analyses the impact of the SBI on the development of social enterprises/social economy and their operating environments at national and EU levels. The study also includes an ...

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Updated European Code of Good Conduct for Microcredit Provision Enters Into Force

The transition period of the updated Code, published on 30 June 2020, will end on 31 December 2020. As of 1 January 2021, all new Code evaluations of microfinance institutions will be made based on the updated Code. In addition, the Code Steering Group, chaired by the European Commission, has adopted on 27 November 2020 the following changes regarding the ...

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Borrow Wisely Campaign – 1st time online*, 7th time fantastic!

2020 greeted everyone with many new challenges. For the Borrow Wisely Campaign it was no different. The formula of BWC had to be modified according to what is happening all around the world due to the pandemic outbreak. Who would imagine that instead of numerous educational events for MFIs clients and staff, the Campaign was forced to move (mostly) to ...

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MFI Digitalization Pathways. Monitoring Progress in Microfinance Digital Journeys [Research Paper]

This paper summarizes the results of research conducted among MFC members on the digital solutions. Results are presented against the MFC’s Digital Transformation Framework to illustrate the scope of the digitalization. Our research shows that MFIs’ digitalization efforts focus primarily on credit processes (both its internal processes and its customer-facing processes). Other aspects of the digital journey are receiving less ...

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Learn About Saving Groups in Europe – Case Study of ACAF From Spain

Learn about saving groups in Europe – case study of ACAF, Spain! The Association of Self-Funded Communities (ACAF) who has been successfully establishing and promoting saving groups model as one of the ways to combat social exclusion presents key success factors to run saving groups, achievements and lessons learnt. This case initiates the series of case studies presenting various experience ...

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Opportunity International Announces The Sale of 78% of Opportunity Bank Serbia to Three Impact Investors

 Opportunity International and its investment vehicle, Opportunity Transformation Investments, finalized the sale of 78 percent of Opportunity Bank Serbia (OBS), Opportunity International’s banking operations in Serbia, to a consortium of European values-driven financial institutions. The consortium is led by Triodos Investment Management in the Netherlands, through its Triodos Sicav II Fund and Triodos Fair Share Fund, and includes GLS Bank and UmweltBank, both from Germany. The ...

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CGAP Global Pulse Survey of Microfinance Institutions – Please Respond Before 15th December

Launched in June and running through December 2020, the CGAP Global Pulse Survey of Microfinance Institutions is the first survey that aims to capture the full picture of COVID-19’s impact on microfinance at the global, regional, and national levels. By offering a full understanding of how the impact is playing out across the sector, the survey is designed to help ...

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Digitalization of Microfinance in Europe – Where Do We Stand? Which Way to Go?

Digitalization of microfinance in Europe – where do we stand? which way to go? The Microfinance Centre is warmly inviting you to watch a webinar  (video recording below) where you will learn about the findings of our research about the digitalization.   READ THE PUBLICATION   Recent developments related to the restrictions to prevent the spread of the pandemic revealed ...

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Emotionally Intelligent Organizational Culture || EaSI Technical Assistance Webinar recording

Leaders in Digital Era|| Track 1: Leadership in digital era   Date: 10 December 2020  Language: English See other webinars within the series The current challenges that MFIs face in 2020 make emotional intelligence more important than ever before. COVID-19 crisis only boosted the activities in digital world; both clients and staff suffer from insecurity and market risks. At the same ...

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