The European Best Practices Microfinance Award run jointly by Giordano Dell’Amore Foundation and the European Microfinance Network aims at raising awareness of microfinance as tool to assist the economic initiative of excluded persons in Europe, sharing good and transferable practices in the field of microfinance, innovation and sustainability and promoting and spreading those good practices to other microfinance agencies in Europe. It is opened to all European institutions or organizations involved in the delivery of microfinance and related services in the European Union Member, candidate and EFTA/EEA States, for at least 12 months from the date of application. The Award is endowed with 50,000 euros. The funds must be reinvested for the realisation of new projects or towards core costs of the existing services.
In 2010, 14 organisations have submitted their proposals describing microfinance experiences in ten European countries. After having read, analysed and discussed each single proposal, the award committee has selected five finalist candidates. Each of the five selected experiences offers an interesting approach and idea that could be transferred to similar situations. The five finalist institutions are:
During the Conference, Giordano Dell’Amore Foundation published a document containing the summaries of the experiences of all the short-listed institutions (click here to download).