Key facts & useful information

Microfinance in Europe: Key facts on EMN members

Legislative Mapping Reports

This series of national fact sheets provides a snapshot of the various legislative frameworks concerning the provision of microcredit in Europe by non-bank financial intermediaries.

Reports are compiled from information that was provided by EMN members operating in the different countries. The aim is to provide a synoptic overview of the diverse regulatory environments in which non-bank financial intermediaries are operating in Europe.

Access the EMN Legislative Mapping Reports section


EMN-MFC note to DGFISMA: Capital markets Union and the development of microcredit for an inclusive entrepreneurship

One of the main issues of the capital markets union is to unlock financing of innovation, enterprises, and especially SMEs and start-ups. In a situation where, 92% of European enterprises are microenterprises of less than 10 employees (many of them having no employees) and where start-ups include a growing part of unemployed, it seems important to include these “missing entrepreneurs” in the total demand of the capital market, knowing that many of them are excluded from access to banks. This is the context for development of microcredit in support of growth and employment, which is in itself a social innovation on behalf of an inclusive entrepreneurship. 

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