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Lessons learnt from the EMN workshop: ‘What do we really know about BDS in relation to microfinance?’

Auteur : EMN Research Working Group
Organisation : European Microfinance Network
Pays concerné(s) : Europe

20/02/2012

Experience and research tell us that the sustainability of a small and micro enterprise is best served by a combination of funding and business development (or support) services (BDS). In order for non-financial services to be effective however, they must be accessible, tailor-made and cost-effective. These are formidable challenges, especially in the current environment where risk aversion is severely restraining access to credit and financial resources in general. The good news is that the public sector is increasingly focusing on demand-driven solutions and more and more private investors are taking a double bottom line approach.

With this eRB, Fundación Nantik Lum hands over the leadership of the EMN´s Research Working Group (RWG), a position we held since its inception in 2007. Over this past four years the Group has made great progress on a number of initiatives: under the EMN’s umbrella we have created a website dedicated to European microfinance research, we have led and produced the “Overview of the Microcredit Sector in the European Union” in 2006-2007 and 2008-2009, we launched the eRB in 2009 and since 2008, Fundación Nantik Lum has been sponsoring the European Microfinance Research Award and will continue to do so in the future. We would like to take this opportunity to thank the EMN and the members of the RWG for their contributions and support. Fundación Nantik Lum will continue to be an active member of the RWG. We are pleased to introduce and welcome Fondazione Risorsa Donna as the new leader of the Group.

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