Financial services providers in the financial inclusion sector across the world are facing immense challenges ahead due to the COVID-19 pandemic. Clients will need different types of support to maintain their livelihoods, protect their families and businesses. Among these, access to savings services will be some of the most critical. Now, more than ever, clients need the resilience that inclusive savings offer. Round 1 of the European Microfinance Award 2020 on ‘Encouraging Effective and Inclusive Savings’ is currently open – and this Award gives applicants the opportunity to show to the rest of the sector how their savings programmes are helping clients in these most difficult circumstances.
Obviously, all institutions are extremely busy focusing on adapting to the challenges of the pandemic. For this reason, the Award organisers have extended the deadline to apply for Round 1 from 15th April to 5th May. As well as providing more time to complete the short Round 1 application form, this will also give applicants the opportunity to include specific details of how their savings programmes are relevant to this crisis, if they wish. Note: applicants that have already submitted will be allowed to re-open their application and re-submit by the new deadline.
On behalf of all the Award organisers, we wish you all very well during these difficult weeks, and we look forward to receiving your applications by 5th May at 23:59 CEST.