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The latest EU policy developments – and how they affect you An EMN perspective. Daniel Sorrosal – European Microfinance Network. EMN / CDFA Conference: 2010 A changing Europe, combatting poverty, supporting enterprise London, 23-25 June 2010.
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The latest EU policy developments – and how they affect you An EMN perspective Daniel Sorrosal – European Microfinance Network EMN / CDFA Conference: 2010 A changing Europe, combatting poverty, supporting enterprise London, 23-25 June 2010 European Microfinance Network
EMN Members by Activity • Enterprise lenders : Enterprise creation oriented (SMEs) • Inclusion lenders : Target public oriented (Women, Youth, Migrants, Excluded population) • Micro lenders : Credit access oriented (small loans to people with repayment capacity) • Social Investors : Banks, Savings Banks, Ethical Banks, etc • Support organizations: Academics, Consultants, Networks, Training organizations, etc. European Microfinance Network
EMN Members by Activity European Microfinance Network
EU Policies and Instruments • Enterprise development • Microfinance Development • Employment and Social Inclusion • Employment promotion CIP - Guarantees JASMINE - Technical Assistance & EPPA Funds PROGRESS - Funds & Guarantees ESF Funds (not for microfinance) European Microfinance Network
Needs by type of organization • Enterprise lenders : Loan funds (moderate) and guarantees • Inclusion lenders: Capacity building & technical assistance (high) • Micro lenders : Loan funds (high) and technical assistance • Social Investors : Loan funds (moderate) & guarantees European Microfinance Network
Matching supply and demand • Guarantees: moderately available through CIP and Progress in the future • Loan funds: sufficiently available through EPPA and Progress in the future • Technical assistance : Limited availability • Capacity building: not available European Microfinance Network
THANK YOU,THE DEBATE IS OPEN European Microfinance Network
Daniel Sorrosal • European Microfinance Network • 103 rue de Vaugirard, 75 006 Paris, France • 1 rue de Ligne, 1000 Brussels, Belgium • www.european-microfinance.org • d.sorrosal@european-microfinance.org European Microfinance Network