International Labour Organization has announced a new, free-of-charge e-learning course on Financial Education. This course complements the face-to-face training and awareness raising campaigns that the ILO Financial Education Programme has conducted over the years, training over 100,000 people worldwide. The course provides the e-learners with the knowledge, skills and competencies needed to better manage their personal finances. The course is now available free ...

The European Investment Bank (EIB) is providing a US dollar loan worth the equivalent of up to 4.1 million euros to JSC MFO Crystal- MFC Member, a leading microfinance company in Georgia. This operation will fund micro enterprises with fewer than 10 employees. They will receive loans of up to 25,000 euros that are geared towards women, young people and ...

The new fund called EaSI Funded Instrument has been launched with a loan fund of €200 million to boost the lending capacity of microfinance institutions and social enterprise lenders in Europe. The EaSI Funded Instrument provides senior and subordinated loans to microfinance institutions and social enterprise lenders to boost on-lending to micro-enterprises and social enterprises. In order to support job creation and social inclusion, the EaSI ...

    The meeting in Belgrade gathered representatives of Serbian government and Chamber of Commerce, European Commission, European Investment Fund and many microfinance practitioners and other stakeholders involved. It was supported and facilitated by Microfinance Centre. The aim was to find solutions to improve the regulatory and legal infrastructure in order to assure Serbian financial sector becomes more inclusive. Watch ...

The Commission has launched a 12-week public consultation to evaluate the support to social inclusion by the European Social Fund in the 2014-2018 period. This evaluation will assess: how the European Social Fund (ESF) promotes social inclusion (integrating disadvantaged people into society and ensuring fairer life opportunities for all) and how it combats poverty/discrimination; structural reforms; the visibility, usefulness, relevance, value for ...

EUROPEAN COMMISSION – DIRECTORATE-GENERAL MIGRATION AND HOME AFFAIRS Directorate E: Migration and Security Funds; Financial Resources invites to a seminar on the topic of Smart Use of Finance for Integration of Migrants Impacts and Mechanics to Foster Social Innovation on 14 October 2019 in Brussels There is a considerable potential for financial investments for the benefit of legally residing third- country ...

The National Bank of Belarus and the Government adopted by a joint Decree the next Financial Education (FED) National Strategy – Joint Action Plan of Public Authorities and Financial Service Providers to Improve Financial Literacy of the Population of the Republic of Belarus in 2019—2024. It is based on the research made by RMC upon the request from the National ...

Being present online is a must for microfinance institutions. However, a big question is how to do it effectively to ensure an institution’s visibility to the customers they want to attract? The #DigLit Bootcamp aims at building strong foundation for digital transformation processes in MFIs by targeting basic skills, knowledge and capabilities related to digitalisation among MFI staff and management.The ...

Download the Report   In the report “From Buzzword to Business Model: How industry executives view financial health”, the Center for Financial Services Innovation (CFSI) reveals how financial institutions are approaching financial health as they seek to engage customers meaningfully and profitably.  As the vast majority of Americans struggle financially, improving customer financial health is a top priority for many industry ...

Date:  August 15, 2019 Location: Dushanbe, Tajikistan Topic: Expanding Access to Finance in Tajikistan First national conference on financial inclusion in the Republic of Tajikistan attended by MFC representative Kinga Dabrowska and MFC board members: Alisher Akbaraliev (Association of Micro-Finance Organizations in Tajikistan (AMFOT)) and Sanavbar Sharipova (IMON International). Kinga shared few findings from MFC fintech mapping conducted in several ...