microcredit

Forum on 'Microfinance in Germany and Europe' in Berlin on June 20-21, 2012

The German Ministry of Labour and Social Affairs and the German Microfinance Institute (DMI) will host a two-day forum on 'Microfinance in Germany and Europe' in Berlin on June 21, 2012. As a result of a 30month project of gathering in-depth information and case studies from across Europe, the Forum will take the chance to present current European trends in microfinance to a wider public audience. It will specifically address the following three aspects:

- Trend 1: Quality - Providing security for clients and capital

Access to finance for inclusive entrepreneurship businesses: COPIE’s microfinance practices in Germany, Lithuania, Flanders, and the Czech Republic

COPIE Story of the month

This October was a crucial month for future policy action on microfinance in Europe: as part of the draft legislative package for the EU Cohesion Policy 2014-2020, the EU Commission has announced a new Programme for Social Change and Innovation which refers to microfinance and combines the three previous initiatives of Progress, EURES and the European Progress Microfinance Facility (EPMF). At the same time, the Commission published the proposals for the new ESF and ERDF regulations. Details of the current status of the EPMF are now available in the 2010 Implementation report; and finally, DG Enterprise issued a new European Code of Good Conduct for Microfinance Provision.

COPIE’s 3rd COPIE Access to Finance peer review meeting in Berlin last month, and the partners’ work on a joint Manual on Access to Finance for ESF Managing Authorities are thus extremely timely.

European Code of Good Conduct for Microcredit Provision

On October 11, the Commission has published a European Code of Good Conduct for microcredit provision.

EU Commission published Code of Good Conduct for Microcredit Provision

This week, the EU Commission has published a European Code of Good Conduct for microcredit provision. This Code provides recommendations and standards that should foster best practice in the microcredit sector. It is intended to provide guidance for microcredit providers from the point of view of consumers, investors, funders and regulators. More information can be found in our Policy Debate section.