Leaders in the area of Green Inclusive Finance

On 30 Oct, during 4^th edition of MFC online conference Social Finance Vibe: Leadership and Diversity Microfinance Centre continued to recognize leaders in the area of Green Inclusive Finance in 2024. This initiative was launched by MFC to raise awareness of green good practices and reward those who are taking an extra mile and experiment in this field.  

This year MFC recognized two institutions:  

FAER from Romania as 2024 Leader in Sustainable Agriculture Innovation for pioneering sustainable farming practices through comprehensive training and innovative soil management initiatives. FAER encourages its agriculture clients to do the soil testing, in order to help farmers to apply the fertilizers in more precise way. They also organize study visits of their clients to promote the best practice in soil testing and sharing the benefits from good understanding the soil chemical composition. 

Credal from Belgium as 2024 Leader in Building Sustainable and Green Businesses as well as for introducing ESG score card in their credit analysis. The tool helps Credal to make faster decisions on eligibility and also assists with objective credit analysis of the new applications when it comes to considering such important factors as ecological footprint; zero waste; engagement in circular economy; use of organic, local and seasonal produce and short distribution channels.  

Congratulations to both recognized institutions!