German Microcredit Fund

Germany starts new national marketing campaign on microfinance

This month, Germany's partners of the German Microfinance Fund have launched a new national campaign on microfinance. The new website http://www.mein-mikrokredit.de/ provides information for business starters on conditions and modalities of the German microfinance scheme. In addition, it features a number of illustrative case studies from successful entrepreneurs.

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.