EaSI Technical Assistance to the European Microcredit Sector

 

What is EaSI Technical Assistance?

The Employment and Social Innovation (EaSI) Programme is an EU level financing instrument, under fi-compass, a unique platform for advisory services on financial instruments and microfinance. To selected European microcredit providers, EaSI Technical Assistance (TA) offers institutional assessment or rating and tailored training, advisory or coaching. The programme supports workshops and seminars to spread good practices in the wider European microcredit sector, as well a dedicated helpdesk for microfinance. To non-bank microcredit providers who have signed up to the European Code of Good Conduct for Microcredit Provision, EaSI TA delivers training on its implementation and an evaluation of compliance.

How is it funded?

EaSI TA is funded by the European Commission (EC) and provided by the European Investment Bank (EIB) through fi-compass, an advisory platform.

What is offered?

 

Two consortia are providing services to implement the EaSI TA project: Frankfurt School of Finance & Management is leading the partnership with the Microfinance Centre (MFC) and the European Microfinance Network (EMN) to provide technical assistance to the microcredit providers and disseminate best practices.

MicroFinanza Rating is leading the partnership with Planet Rating and Ecorys to provide rating or assessments to microcredit providers and evaluate their compliance with the European Code of Good Conduct for Microcredit Provision.

The project duration is from July 2015 - December 2018.

 

Who can apply?

All microcredit providers (greenfield microfinance institutions, non-bank microcredit providers and licensed banks) in the 28 member states of the European Union (EU), as well as in Albania, FYROM, Iceland, Montenegro, Norway, Serbia and Turkey may respond to dedicated calls for expression of interest to request technical assistance. Other countries may follow.

How to apply?

The beneficiaries are selected from responses of Calls for Expression of Interest that are regularly launched by EaSI TA. To apply, non-bank microcredit providers must sign up to the European Code of Good Conduct for Microcredit Provision, a European-wide initiative to promote best practices within the sector.

Useful links

European Code of Good Conduct: 

https://webgate.ec.europa.eu/easimicpro/Jasmine.jsp#CoGCPlace

Dissemination of Best Practices: www.fi-compass.eu/events/list

European Commission: www.ec.europa.eu/social/microfinance

fi-compass: www.fi-compass.eu

 

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