May 03, 2017

We're delighted to announce that on 2nd May e-MFP signed a new agreement with the Luxembourg Government for the period 2017 – 2021, which guarantees the financial support required for implementing our new Strategic Plan. This firm commitment will enable us to build on our achievements and further develop our activities. By driving knowledge-sharing, partnership development and innovation, e-MFP fosters the increase in global access to affordable, quality, sustainable and inclusive financial services for the un(der)banked.

The signing took place during a visit by Luxembourg's Minister for Cooperation and Humanitarian Affairs, Romain Schneider, and Minister of Finance, Pierre Gramegna to the House of Microfinance, home of ADA (Appui au Développement Autonome), the Inclusive Finance Network Luxembourg (InFiNe.lu), the Luxembourg Microfinance and Development Fund (LMDF), the Microinsurance Network and Microlux.

Over the past two decades, Luxembourg has actively supported the development of microfinance and inclusive finance as tools for fostering development and eradicating poverty with the aim of giving disadvantaged populations access to basic financial services. We'd like to thank the Ministry of Foreign and European Affairs – Directorate for Development Cooperation and Humanitarian Affairs and the Ministry of Finance for their confidence and support, and look forward to continuing our close collaboration.

To read the press release on the Ministers' visit (in French) click here

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