Following the Europe 2020 strategy which recognises entrepreneurship and self-employment as key for achieving smart, sustainable and inclusive growth, the European Commission supports microfinance via the Employment and Social Innovation (EaSI) programme.
As a tool to fight against poverty and social inclusion, the Microfinance and Social Entrepreneurship axis of EaSI aims to:
EaSI offers EaSI Guarantee and EaSI Capacity Building both implemented by the European Investment Fund to microfinance providers of EU countries, EEA countries (in accordance with the EEA Agreement), EFTA countries and EU candidate countries and potential candidate countries (in line with the framework agreements concluded with them).
Organisations that can apply for funding are public and private bodies established at national, regional or local level and providing microcredit for persons and microenterprises and/or financing for social enterprises in these countries.
(Source: ec.europa.eu)
InFiNe is the Luxembourg platform that brings together public, private and civil society actors involved in inclusive finance. The value of InFiNe lies in the wide range of expertise characterised by the diversity of its members.
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