European Microfinance award 2010

The award involved a rigorous three phase selection process: in the first phase a Selection Committee from the European Microfinance Platform produced a short list of ten candidates. From this list, three Award finalists were selected by the Luxembourg Round Table on Microfinance.
The winner was then chosen on the 30th November by a High Jury and was unveiled as Harbu Microfinance Institution, Ethiopia in a ceremony hosted by the European Investment Bank. Her Royal Higness the Grand Duchess of Luxembourg, known for her staunch support to microfinance, presented the award and the 100,000 euro prize. Mr. Philippe Maystadt, President of the EIB, described the Bank’s ongoing commitment and activities in this area. In a video address, the European Development Commissioner Mr. Andris Piebalgs noted that “value chain finance is a powerful illustration of the role of multiple stakeholders achieving a lasting impact on socio-economic development at a local level”.
To read the European Microfinance Award 2010 brochure presenting the initiatives of the three finalists, click here
To read the European Dialogue on Value Chain Finance click here