Author Archives: admin

European Commission : Public Consultations – Autumn 2020

Take part in three public consultations! Consumer Credit Directive impact assessment & review (Deadline: 1 September 2020) Consumer credit agreements (where credit is granted to an individual) include unsecured loans, credit cards and hire purchase. The EU rules on consumer credit strengthen consumers’ rights and help them make informed decisions. This initiative reviews those rules, with a focus on issues ...

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JOBS MFI – Welcome to the New MFC Member from Bulgaria!

  Microfinance Centre is happy to introduce to you our new Member, JOBS MFI from Bulgaria.   JOBS MFI was created in 2010 as a part of the Group of The Bulgarian Development Bank. Its main purpose is to facilitate the access to financing of the micro- and small businesses, agricultural producers, freelancers, craftsmen and startups who develop or start new ...

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6th European Microfinance Day Campaign – Introductory Webinar

The European Microfinance Day campaign is back for a 6th edition, kicked off by an EU online event on 29 October. It is organized by European Microfinance Network and MFC. It will come as no surprise that our main focus for this year will be the crisis created by the Covid-19 pandemic. Behind this year’s tagline, “Weathering the storm”, we want ...

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Introduction to Data Management Platforms #DigLitBootcamp

13 October 2020 Data is the real currency of the 21st century and becomes a vital force driving profit margins. Investing in Data Management Platforms (DMP) is no brainer. The DMP serves as the nervous system for an organization’s digital ecosystem. DMP helps to unify, understand and unlock the value of multiple streams of data, uncover and develop target audiences, ...

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Artificial Intelligence for Microfinance #DigLitBootcamp

6 October 2020 Having introduced the AI landscape in the previous webinar (September 15th), in this webinar we are focusing on applying AI in Microfinance. We will dive into two cases of financial institutions. The first case covers the use of data in physical documents for further digitization and analysis. Especially in a world where paperwork and document control plays ...

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Marketing Automation in MFIs #DigLitBootcamp

29 September 2020 Marketing is one of the business areas where robots have been increasing productivity for some time already. Marketing automation solutions manage processes and multifunctional campaigns, across multiple channels of communication… automatically. Such tools make the campaigns more accurate, generate better leads, and achieve greater return on investment (ROI). Equipped with AI (artificial intelligence) engines and connected to ...

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Mobile Only Loan Process – KMF Experience #DigLitBootcamp

22 September 2020 KMF is the largest MFI in Kazakhstan, with ca. 220,000 clients and 300 mn USD in portfolio. In 2014, KMF launched a mobile application for Loan Officers, allowing them to enter data in real time and receive an initial scoring of a client on clients’ spot. In 2019, they launched a mobile application for clients, through which ...

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Artificial Intelligence State of Tech #DigLitBootcamp

15 September 2020 The webinar explores the state of tech and importance of Artificial Intelligence for finance. We are reviewing all the elements of AI landscape, providing examples from financial sector. We are touching upon machine learning, block chains, and all sorts of algorithms leading to automating credit scoring or fraud detection, and more. This webinar will be followed by ...

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InsurTech for Microfinance #DigLitBootcamp

8 September 2020 Technology is a key enabler for pushing the boundaries towards new distribution models, on demand services and unprecedented level of customer interaction. Sheer scale is no longer the only way to build a market and to become profitable: it’s increasingly about granular data & real time insight. The insurance sector shows similar trends. The increased availability of ...

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EC: Respond to the Call for Proposals on Social Innovation – Establishing and Testing Integrated Interventions Aimed at Supporting People in (the Most) Vulnerable Situations – deadline 15 October

  Under the European Program for Employment and Social Innovation (EaSI), the European Commission has published a call for proposals for financial support for initiatives relating to social innovation entitled “Establishing and testing integrated interventions to support people in (most) vulnerable situations” (VP / 2020/003). This call for proposals aims to support existing or new partnerships in testing innovative approaches ...

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