The JASMINE Project


The JASMINE Project links social rating and assessment exercises to targeted individual training for MFIs to improve their risk management, strategic planning, governance, and management information systems

MFC is been the imple­menting partner for the JASMINE project, an innovative technical assistance program and fund­ing facility in the European Union. Partner MFIs receive either social assessments or ratings (by Planet Rating and Microfinanza). Following this, MFC’s experts provide customized trainings to MFI staff and management to address the weaknesses revealed by the evaluation report. Trainings are organized around four focus areas, including: good governance, strategic planning, management informaiton systems and risk management.

Since 2010, we have trained over 25 MFIs from 8 European Union Countries.

The JASMINE (Joint Action to Support Microfinance Institutions in Europe) Project was launched in 2008 by the European Commission, the European Parlia­ment and the European Investment Bank Group to develop microcredit in the EU.

To learn more about JASMINE Project, and MFC's role:


JASMINE 2013 Beneficiaries

ROMANIA: Patria Credit, Opportunity Microcredit Romania (OMRO), C.A.R. Invatamant, C.A.R. Sanatatea, C.A.R. CFR, C.A.R. Sanitar Brasov, C.A.R. Tractorul Brasov, C.A.R. Sanitar Valcea

ITALY: MAG Verona, Prestiamoci, ACAF Italia, PerMicro, Banca di Credito Cooperativo (BCC) Mediocrati, Un Raggio di Luce, Banca di Credito Cooperativo (BCC) Emilbanca

GERMANY: Goldrausch, HSZ Consulting, Mikrofinanzwerk, Objektiv, Smart Mikrokredit, VS Finance GmbH

POLAND: Lublin Development Foundation, Warmia and Mazury Regional Development Agency, Kujawsko-Pomorski Loan Fund

BULGARIA: Mikrofond AD, Nachala Cooperative

SPAIN: Seed Capital de Bizkaia


FRANCE: Crea-Sol

GREECE: Business and Cultural Development Centre (KEPA)