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 2020 Award brought a record number and range of applicants with 70 organisations from 37 countries applying!

Thank you to all applicants for sharing with us your valuable work and congratulations to the organisations selected for the Selection Committee Round! All applicants competing for Round 2 should have received notification of their result by email. If your organisation did not receive the notification or if there are any other questions, please contact us on

The Selection Committee will select the 10 semi-finalists and, among them, the 3 finalists. The finalists and semi-finalists will be announced at the beginning of October.

Good luck to all participants in the Selection Committee Round!


Gracias a toda las organizaciones candidatas por compartir con nosotros su valioso trabajo y felicitaciones a las organizaciones seleccionadas para la Ronda del Comité de Selección! Todas las organizaciones que participaron en la Ronda 2 deben haber recibido la notificación de su resultado por correo electrónico. Si su organización no ha recibido la notificación o si tiene alguna otra pregunta, póngase en contacto con nosotros en

El Comité de Selección seleccionará a los 10 semifinalistas y, entre ellos, a los 3 finalistas. Los finalistas y semifinalistas serán anunciados a principios de octubre.

¡Buena suerte a todos los participantes en la ronda del Comité de Selección!


Merci à tous les candidats d'avoir partagé avec nous votre précieux travail et félicitations aux organisations sélectionnées pour le tour du comité de sélection ! Tous les candidats en compétition pour le deuxième tour devraient avoir reçu une notification de leur résultat par e-mail. Si votre organisation n'a pas reçu cette notification ou si vous avez d'autres questions, veuillez nous contacter à l'adresse

Le Comité de sélection désignera les 10 demi-finalistes et, parmi eux, les 3 finalistes. Les finalistes et les demi-finalistes seront annoncés au début du mois d'octobre.

Bonne chance à tous les participants au tour du comité de sélection !

Read: From a record field of 70 applicants, 19 proceed to European Microfinance Award 2020 Selection Committee (news item 22 July 2020)

Read: Round 1 of EMA 2020 on Savings Receives Record 70 Application from 37 Countries (news item 6 May 2020)

Read the interview with Christoph Pausch published in MicroCapital presenting in a nutshell all the relevant information (4 March 2020)

Read our blog "A Spotlight on Effective and Inclusive Savings" (16 March 2020)

Reference documents: Application Guidelines (EN, FR, SP), Concept Note (EN, FR, SP)

Watch our video Why the European Microfinance Award?  and learn more about the aims & benefits of the Award.

See the European Microfinance Award website

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 (, 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.