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.
If you are:
An organisation active in the financial inclusion sector and based in a developing country
Playing an integral role in encouraging and/or providing effective & inclusive savings
Working with low-income vulnerable and excluded groups
Watch our video Why the European Microfinance Award? and learn more about the aims & benefits of the Award.
Read the interview with Christoph Pausch published in MicroCapital presenting in a nutshell all the relevant information.
Read our last blog "A Spotlight on Effective and Inclusive Savings"
About the European Microfinance Award
The European Microfinance Award is a prestigious annual award with €100,000 for the winner and €10,000 for the runners-up, which attracts applications from organisations active in financial services around the world that are innovating in a particular area of financial inclusion. It serves two parallel goals: rewarding excellence, and collecting and disseminating the most relevant practices for replication by others.
The Award was launched in 2005 by the Luxembourg Ministry of Foreign and European Affairs – Directorate for Development Cooperation and Humanitarian Affairs. It 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).
The Award is presented in a ceremony which in the past has been in the presence of Her Royal Highness the Grand-Duchess of Luxembourg and the Luxembourg Minister for Development Cooperation and Humanitarian Affairs. The ceremony takes place during the European Microfinance Week in Luxembourg.