Azerbaijan Micro-finance Association (AMFA) cordially invites you to join our Annual Meeting of Financial Educators on “Boosting financial education in digital era”, which will be held on 12th February, 2021 and will start at 10:00 (Baku time) within EU funded project “Accelerating development sustainable micro-entrepreneurship in rural regions of Azerbaijan” (ADSMIRRA). Annual Meeting of Financial Educators professional development meeting ...

News: 2021 Edition of the Borrow Wisely Campaign is Open for Applications! 2020 edition’s results | 2021BWC invitation Big THANK YOU and first impressions 7th Edition of the Borrow Wisely Campaign Has Started Right Now! #BorrowWisely is kicking off in TWO WEEKS!   Check out: BWC in pandemic – Participating Institutions – BWC basics – BWC last year   October will ...

Borrow Wisely Campaign is almost here – the 7th edition is starting on the very first day of October! This year the format will be modified due to the pandemic restrictions. But that does not mean the Campaign will have a lesser impact. Just the contrary: our aim is to take advantage of  the power of online communication as much ...

LEarning, Teaming up and Saving – SAVing groups for Employabiliy and Empowerment, in other words LETS SAVEE, is a new project which MFC is coordinating. The project aims at exploring the potential of saving groups in the European countries context, for improving low income and marginalized group entrepreneurial skills and access to finance. In the current European context, poverty and ...

The paper presents the concept of financial health for small businesses and describes the MFC’s approach to constructing a comprehensive measure of financial health. First, the paper argues for the need to develop a measure of financial health for a small business that goes beyond traditional balance sheet and income statement-based financial indicators. Next, the paper consolidates emerging understanding of ...

Microfinance Centre is kindly inviting you to participate in the webinar: Financial health of enterprises – how are clients’ businesses doing? 17th December, 11:00 – 12:00 (Warsaw/Amsterdam/Sarajevo) CLICK TO REGISTER FOR THIS WEBINAR Presenter: Justyna Pytkowska, MFC We are proud to present the new MFC tool for measuring financial health of enterprises – SME Financial Health Scorecard, which we developed during ...

International Labour Organization has announced a new, free-of-charge e-learning course on Financial Education. This course complements the face-to-face training and awareness raising campaigns that the ILO Financial Education Programme has conducted over the years, training over 100,000 people worldwide. The course provides the e-learners with the knowledge, skills and competencies needed to better manage their personal finances. The course is now available free ...

The sixth annual Borrow Wisely! Campaign will take place in October 2019. Borrow Wisely! is an annual international campaign promoting global client protection standards through borrowers education. As with previous years, MFC and partner organisations will be delivering key messages about how to borrow money safely, harnessing the positive power of loans and avoiding the pitfalls of too much debt. Read ...

Project background Financial health is more than a simple metric of business success (e.g. profitability, secure cash flow, growth potential, etc.) Financial health is achieved when daily systems help build resilience and pursue opportunities. It includes the ability to meet financial obligations (e.g. bills, taxes, payroll) and  maximize the collectability of sales; access to funds to weather financial storms; and ...

Download the Report   In the report “From Buzzword to Business Model: How industry executives view financial health”, the Center for Financial Services Innovation (CFSI) reveals how financial institutions are approaching financial health as they seek to engage customers meaningfully and profitably.  As the vast majority of Americans struggle financially, improving customer financial health is a top priority for many industry ...