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 ...

  Social Performance Management (SPM) refers to the systems that organisations use to achieve their stated social goals and creating value for clients. The microfinance sector applies commercial means to achieve social ends. Microfinance institutions (MFIs) who translate their mission and values into measurable objectives are more likely to achieve strong social performance, such as: reaching the target market, delivering ...

When the first Fintechs appeared, experts predicted they would usurp mainstream finance—later scaling back their predictions to mere ‘disruption’. The increasingly dominant view, however, is that while Fintechs will catalyse advances in the finance industry as a whole, they are likely to do so as collaborators with astute incumbents, rather than direct competitors. The landscape of future collaboration between Fintechs ...

The Consumer Protection Standards for Digital Credit were created in order to operationalize where the financial inclusion industry sets the bar in terms responsible digital lending practices. They build off of the Client Protection Principles and extend Smart Campaign’s current Client Protection Standards to encompass emerging risks to low-income customers of digital credit. Based on the latest industry research, field ...

The Borrow Wisely Campaign strengthens borrowers’ financial literacy knowledge and skills through educational materials, client workshops and one-on-one engagement between borrowers and loan officers. Our final evaluation results of the 2018 Borrow Wisely Campaign are impressive: 24 Campaign partners across 16 countries in Europe and Central Asia reached 311,363 people with campaign messages! Our partners educated people directly (individual meetings, workshops, ...

  The Microfinace Centre, the CERISE and the SPTF in cooperation with e-MFP Making Microfinance Responsible (MIR) Action Group have published brief “The Universal Standards for Social Performance Management – Where do we go from here?” The brief presents lessons from five years of promoting the Universal Standards for social performance management (SPM) for responsible microfinance and tries to answer ...

What is Borrow Wisely! Campaign? The Borrow Wisely! promotes global client protection standards. This annual international campaign is led by the MFC and its partners. We work with any institution that is a responsible lender (complying with current global standards of client protection) working in the Europe and Central Asian region. What is our goal? We aim to educate large ...

We are pleased to share with you the final evaluation results of our 2017 Borrow Wisely Campaign! The Borrow Wisely Campaign is an international initiative to promote customer protection standards and financial education. The Campaign is realised with our partners, which use an opportunity to re-confirm customers care orientation and commitment to responsible finance. The fourth edition was realized in ...

Second fi-compass ESF Conference Financial instruments funded by the European Social Fund – boosting social impact 8 – 9 March 2018, Brussels, Belgium   The European Commission, Directorate-General for Employment, Social Affairs and Inclusion (DG EMPL), supported by the European Investment Bank, is pleased to announce the Second fi-compass ESF Conference ‘Financial instruments funded by the European Social Fund – ...

Microfinance & Business start-ups: Review of the current practice in Europe   Mikfrofinans Norge microfinance precedent Watch WebEx recordings. Download the WebEx player first! Presentation in PDF Implementing the European Code of Good Conduct – practitioners experience Presentation in PDF   Delivering Financial Capability: A Look at Business Approaches This webinar was organised as part of the celebrations of the ...