On the 20th of September, the Selection Committee for the European Microfinance Award 2018 on “Financial Inclusion through Technology” chose the three finalists who will go on to compete for the €100,000 prize: KMF of Kazakhstan, Advans CI of Ivory Coast and  ESAF Small Finance Bank of India. This year, the Award has highlighted the role of technology in advancing financial ...

Microfinance Centre is looking for a short-term consultant for a study on microfinance digitalization in Europe. The objective of the study is to document interesting cases of digitalization in European microfinance in order to spread knowledge and understanding of the solutions that use modern technologies to improve the microfinance institutions’ (MFI) operations. The research will include the review of the ...

On Thursday and Friday last week MFC convened a 2-day meeting for MFC member institutions from Bulgaria, Ireland, Armenia, Albania, Bosnia and Herzegovina, Greece, Moldova, Romania, Poland, UK and USA to discuss how scoring methods and digitalization can support transformation to more efficient and more effective microfinance institutions. This was an excellent workshop bringing together a large number of credit ...

  Topic: Uniting Tech and Touch: How Centaur Products Are Better for Consumers and Providers Date: March 6, 2018, ended Presenter: CFI Fellow Alexis Beggs Olsen Host: Grzegorz Galusek, CEO, Microfinance Centre Only for MFC Members.  Become a member! Uniting Tech and Touch: How Centaur Products Are Better for Consumers and Providers – Evidence from Kenya—the newest research emerging from the CFI ...

  Topic: Crowdfunding and Microfinance Date: February 26, 2018, ended Presenter: Oliver Gajda, CEO, European Crowdfunding Network Host: Grzegorz Galusek, CEO, Microfinance Centre Only for CEOs MFC Members. Become a member! For over a decade we have been witnessing the emergence of new forms of financing options for small businesses and individual entrepreneurs. New channels and institutions have come to ...

  As the year draws to a close, we are setting our sights on the next horizon. On the future challenges and opportunities that await us as social purpose organisations. The landscape that surrounds our work is in a state of unprecedented change, and traditional assumptions about how we organize our work, our communities, and our economy are being challenged. ...

Digitalizing Microfinance in Europe The paper summarizes the results of the survey on the use of fintech solutions and digitalization of the customer relations and lending process among MFIs in Europe. While there is a widespread recognition about the need to use digital processes to a larger degree, the ability and willingness of MFIs to do that varies greatly. The ...

  The Alternative Finance Forum took place on the 5th of October in Warsaw, Poland. It was organised by Microfinance Centre with a generous support from the European Investment Bank Institute. The theme and the tagline of the Forum was “Fintech, Social Finance and More”, which also served as the organising principle for the Forum.     The purpose of ...

  We are thrilled to announce the Winner of the second edition of the MFC Innovation Award*: Kompanion Bank from the Kyrgyz Republic Kompanion Bank will be awarded with a complimentary license for smart android application for a Software Group delivery channel solution of choice and 20 android tablets, generously provided by Software Group. Kompanion Bank’s project proposal received highest ...

Agenda           Registration   Technology is changing drastically the way SMEs and individuals can get access to finance. Crowdfunding, marketplace lending, digital payments and mobile transfers have raised the standards of efficiency, transparency and openness, challenging traditional financial institutions to innovate and adapt to clients’ digital expectations and needs. More recently, the emergence of AI and blockchain are opening the door to even more ...