EU Initiative

 

The Europe 2020 Strategy has a strong social dimension, and aims to turn the EU into a smart, sustainable and inclusive economy that delivers high levels of employment, productivity and social cohesion.

As part of the 2020 Strategy, in 2014 European Commission (EC) adopted the Programme for Employment and Social Innovation (EaSI): which integrates and expands three existing EU programmes: Progress (Programme for Employment and Social Solidarity), EURES (European Employment Services) and the European Progress Microfinance Facility.

EaSI, together with the European Social Fund (ESF) and the European Globalisation Fund (EGF) forms a set of EU programmes to promote employment, social protection and social inclusion for the period 2014-2020. One of the objectives of EaSi is to increase the availability and accessibility of microfinance for vulnerable groups and micro-enterprises, and increase access to finance for social enterprises.

In 2013 the Microfinance Centre (MFC) and the European Commission signed a Framework Partnership Agreement (2014-2017). Through its EU Initiative, the MFC will support information-sharing, advocacy, research and capacity building around financial inclusion issues. Our projects include:

The EU Financial Inclusion Helpdesk

Have a question about financial inclusion in the EU? Want to know more about EU financial instruments for microfinance programs? Looking for recent access to finance research initiatives? Are you curious to find out how the European Code of Conduct works? The MFC has answers for you! Read more>

The Financial Inclusion Ambassador's Toolkit

To help our members navigate the financial inclusion landscape, and be more effective advocates for financial inclusion, the MFC has launched work on our new Financial Inclusion Ambassador Toolkit, aimed at country-level actors leading financial inclusion discussions. Read more>

Access to Finance Barometer

As part of a multi-component project funded by European Commission, MFC is developing and testing its “Access to Finance Barometer”, designed to provide insights into country-level access to finance issues and priorities across 10 EU countries. Read more>

Capacity building

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. Read more>

 

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