InFiNe.lu New Members : Welcome e-MFP and Finance in Motion Luxembourg Branch

InFiNe.lu New Members : Welcome e-MFP and Finance in Motion Luxembourg Branch

26 February 2019

Two new members have joined InFiNe.lu: the European Microfinance Platform  (e-MFP) and Finance in Motion – Luxembourg Branch

e-MFP is the leading network of organisations and inviduals active in the Financial inclusion sector in developing coutries. It numbers over 130 membres from all geographic régions and spécialisations of the microfinance community, including consultants & support service providres, investors, FSPs, multilateral & national development agencies, NGOs and researchers.

Up to two billion people remain financially excluded. To address this, the Platform seeks to promote co-operation, dialogue and innovation among these diverse stakeholders working in developing countries. e-MFP fosters activties which increase global access to affordable, quality sustainable and inclusive financial services for the un(der)banked by driving knowledge-sharing, partnership development and innovation. The Platform achieves this through its numerous year-round expert Action Groups, the annual European Microfinance Week which attracts over 400 top stakeholders representing dozens of countries from the sector, the prestigious annual European Microfinance Award and its many and regular publications. e-MFP vision is to be the leading European Platform working towards the goal of universal financial inclusion.

 

Finance in Motion is a global impact asset manager focused exclusively on sustainable development in low and middle-income countries. The company develops and advises impact investment funds whose blended finance structures bring together public and private investors to promote economic prosperity, social development, climate change mitigation and adaptation, sustainable use of natural resources, and biodiversity conservation.

Since its foundation in 2009, Finance in Motion has unleashed a cumulative total of EUR 4 billion towards these topics in Southeast Europe, the Caucasus, Latin America, the Middle East, and North Africa. The funds mainly operate through local financial institutions that on-lend to final borrowers, such as small businesses, households, and farmers. In addition, capital is increasingly invested directly in renewable energy projects, greenfield institutions, and other enterprises. Next to investment activities, the funds also provide technical assistance to support investees, foster responsible finance, and maximize impact in the countries they serve. Through 17 offices that manage activities across more than 30 countries, Finance in Motion helps partners develop their businesses and demonstrate that social, environmental, and financial returns can go hand-in-hand.