On 13 December 2018, the Code of Good Conduct Steering Committee decided to award six microfinance institutions the certificate of compliance with the Code, based on the results of the evaluations. The certificate is valid for three years. The awarded microfinance institutions were: NOA Sh.a. Albania, MFC member SIS Credit Bulgaria, MFC member FED Invest Albania, MFC member Confidi Terziario Emilia ...
Read MoreMFC’s 2018 Annual Highlights: Top Resources and Activities
What a busy and successful year 2018 was for the MFC! We are thrilled to bring you this review of our key activities and achievements. Enjoy and benefit from the resources we’ve prepared for you! This year, we’ve been working hard to help advance best practice and develop financial inclusion by: Supporting microfinance institutions digitalization: FinTech mapping: We conducted mapping studies ...
Read MoreEaSI Programme? It’s easy! Check out these top tips!
Oleg Moraru CEO, good.bee Credit (microfinance institution from Romania) is sharing with us top tips and tricks to using the different components of the EaSI Programme funded by the European Commission based on good.bee’s experience receiving its certification for compliance with the European Code of Good Conduct for Microcredit Provision, and the support it has had from the EaSI Guarantee Facility and EaSI Technical ...
Read MoreUpdate on the Process to Review the Code of Good Conduct for Microcredit Provision
The European Code of Good Conduct for Microcredit Provision is an instrument for ensuring quality standards in the European microfinance sector. It is a voluntary instrument, developed in response to the need for a unifying set of expectations and standards for the sector for the benefit of practitioners, customers, funders, investors, regulators and partner organisations. The purpose of the update ...
Read MoreDon’t Miss These Opportunities for EaSI TA for MFIs!
The EaSI Technical Assistance to the European Microcredit Sector Programme helps European microcredit providers strengthen their institutional capacity and share best practices through technical assistance, trainings, workshops and other support. The program is jointly implemented by the Frankfurt School of Finance & Management, the Microfinance Centre and the European Microfinance Network. All EaSI TA activities are free-of-charge for microcredit providers ...
Read MoreFirst milestone of the update of the European Code of Good Conduct for micro-credit provision
The Directorate-General for Employment, Social Affairs and Inclusion of the European Commission will lead a process to update the European Code of Good Conduct for Microcredit Provision. This activity, which is supported by microfinance experts Prof. Karl Dayson and Dr. Pål Vik from the University of Salford, will be organised in close collaboration with the European microfinance sector, among others ...
Read MoreMFC Member Kepa from Greece has been awarded ECoCG
The European Code of Good Conduct for Microcredit Provision (ECoCG) provides a set of standards in terms of management, governance, risk management, reporting, and consumer and investor relations that are common to the microcredit sector in the European Union. These standards are for the benefit of customers, investors, funders, owners, regulators and partner organisations. Business and Cultural Development Centre (KEPA) from ...
Read MoreUpdate of the European Code of Good Conduct for Microcredit Provision
The Directorate-General for Employment, Social Affairs and Inclusion is leading a process to update the European Code of Good Conduct for Microcredit Provision. What is the European Code of Good Conduct for Microcredit Provision? The European Code of Good Conduct for Microcredit Provision (Code) was established following the adoption of the Communication on microcredit by the European Commission in November ...
Read MoreMFC Working Group works on the Code of Good Conduct for Microcredit Providers concluded
In January 2018 the Microfinance Centre initiated a working group with the objective to revise the EU Code of Good Conduct for Microcredit Providers clauses and provide recommendations to the European Commission based on practitioners knowledge and experience. The Working Group included: Adrien Gizon (Adie), Jelena Stojkovic (Agroinvest), Stephen Deakin (BCRS), Laura David (good.bee), Chiara Pescatori (Microfinanza Rating), Micol Guarneri ...
Read MoreMFC Members Fondi BESA and FAER has been awarded ECoCG
The European Code of Good Conduct for Microcredit Provision (ECoCG) provides a set of standards in terms of management, governance, risk management, reporting, and consumer and investor relations that are common to the microcredit sector in the European Union. These standards are for the benefit of customers, investors, funders, owners, regulators and partner organisations. Fondi BESA (Albania) and FAER (Romania) ...
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