The European Microfinance Award is a prestigious annual €100,000 award, which attracts applications from financial service providers around the world that are innovating in a particular area of financial inclusion. The Award was launched in 2005 by the Luxembourg Ministry of Foreign and European Affairs – Directorate for Development Cooperation and Humanitarian Affairs, and is jointly organised by the European Microfinance Platform (e-MFP), the Luxembourg Ministry of Foreign and European Affairs, and the Inclusive Finance Network Luxembourg (InFiNe.lu), in cooperation with the European Investment Bank. It serves two parallel goals: rewarding excellence, and collecting and disseminating the most relevant practices for replication by others.
The European Microfinance Award 2020 “Encouraging Effective & Inclusive Savings” highlights the crucial role that savings can play for low-income and excluded populations, and how financial providers can encourage their effective and widespread use.
The application period opens mid-March and more information will be available shortly.