6th European Microfinance Award

The European Microfinance Platform is pleased to announce that the 6th European Microfinance Award recognises microfinance in post-disaster, post-conflict areas and fragile states, and welcomes applications from institutions that have demonstrated an integrated response to support and build resilience for vulnerable households and communities living in exceptionally difficult environments or circumstances.

To this end, the 6th European Microfinance Award will recognise MFIs that operate in post-disaster/post-conflict areas and provide financial and non-financial services aimed to increase the resilience of the affected, vulnerable population. The Award of €100,000 is granted by the Luxembourg Ministry of Foreign and European Affairs – Development Cooperation and Humanitarian Affairs and is jointly organised by the Ministry, the European Microfinance Platform (e-MFP) and the Inclusive Finance Network Luxembourg (InFiNe.lu) in cooperation with the European Investment Bank (EIB). It will be presented at the Award Ceremony on 19th November 2015 during the European Microfinance Week.

Successful applicants should demonstrate an effective strategy to increase both their own resilience (i.e. operations, staff, policy, control) and that of their clients (appropriate financial and non-financial services), while ensuring responses that provide both for the immediate, medium- and long-term needs of the latter. They must be active in the financial services sector and be based in a developing country. Various types of microfinance institutions are eligible including NGOs, cooperatives, MFI networks, investments funds, commercial banks, development banks, leasing firms, insurance companies, etc.

The closing date for applications is 3rd June 2015, 17h00 CET and they should be sent to [email protected]