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EPMF - JASMINE. Contents. EIF: Microfinance activity overview EPMF: the EU Facility for microfinance JASMINE: Technical assistance for microfinance. EIF: Europe`s leading developer of risk financing for entrepreneurship and innovation.
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Contents • EIF: Microfinance activity overview • EPMF: the EU Facility for microfinance • JASMINE: Technical assistance for microfinance
EIF: Europe`s leading developer of risk financing for entrepreneurship and innovation EU specialised institution for SMEs, risk financing through: Venture Capitaland Mezzanine (fund of funds) Structuring and Guaranteeing Microfinance portfolios of SME and microfinance loans/leases Fund Management (Regional Policy) Geographic Focus / Intermediaries EU 27, EFTA, Candidate Countries Distributing through Banks and Funds Authorised Capital € 3bn EIB: 60% EU: 30% Fin. institutions: 10 % Dual Objective of Meeting EU Policy Goals & Generating a Satisfactory Return on Equity
Achievements (After 24 months) • 25 microfinance deals signed • 15 EU countries covered with a good balance between East and West Europe • 21 FIs selected with a good balance between Bank and non bank-MFIs • EUR 82m committed for a total of EUR 212m project undertaking
JASMINE Technical Assistance Services Beneficiaries • Microcredit providers active in EU Member States • Selection through call for expression of interest launched by EIF • JASMINE TA is an initiative running from 2009 to 2013 TA Services • Evaluation • Institutional assessment or rating from Microfinanza Rating or Planet Rating • Trainings • Tailor-made trainings by experts of the Microfinance Centre (MFC)
JASMINE TA Beneficiaries 2010 -2011-2012 1 1 4 1 3 2 11 1 1 4 9 2 2 4 1 # Nb of JASMINE Beneficiaries MS with JASMINE Beneficiaries MS with no JASMINE Beneficiaries