From July 2018 to December 2020, EMN and ADA carried out a joint research project in the field of the financial health of micro-entrepreneurs. The project received support from J.P. Morgan and its purpose was to identify and share good practices on the assessment of financial health and specific support provided to micro-entrepreneurs at risk or facing financial issues such as cash flow management, confusion between personal and professional finances, access to finance, or late payments. The project was structured as a cross-country research activity covering eight countries across three continents (Europe, Latin America, and Africa) and involved a mix of financial and non-financial service providers in France, Italy, Spain, the United Kingdom, Peru, Brazil, Mexico and South Africa.
 |
 |
|
MANUAL & TOOLS Key output of this project, the Financial Health Manual comes complete with a set of tools to improve the organisational practices used to assess the financial health of micro-entrepreneurs and support those in financial crisis. This manual was written for business advisors, mentors, coaches, and/or trainers working with micro-entrepreneurs to help them deal effectively with financial issues. |
PROJECT REPORT The Project Report synthesises the major findings and serves as a reference document for those who wish to learn more about the financial health of micro-entrepreneurs. The report also contains a selection of case studies showcasing selected examples of successful financial health assessments and effective support provided to businesses in crisis. |
Both of these documents were revised to reflect the feedback provided by project partners after having tested the beta version of the manual in 2020. These revised versions also contain a special chapter on dealing with financial health issues in times of crisis, for example during the COVID-19 pandemic.
An innovative and necessary tool to improve the financial health of micro-entrepreneurs.
Mar Casanova
Director of International Department
INCYDE Foundation
Project partners
PerMicro, Fondazione Welfare Ambrosiano (Italy); Adie, Positive Planet (France); Fundación Oportunitas, Incyde (Spain); Outset Finance, NWES (UK); CREDISOL, Aliança Empreendedora (Brazil); Pro Mujer, Pro Empleo (Mexico); Norandino, ADEC ATC (Peru); SEF, SAICA (South Africa).
Contact
Nicola Benaglio
EMN Senior Research Officer
n.benaglio@european-microfinance.org
+32 2 329 00 36
Avenue des Arts 7-8
1210 Brussels, Belgium
With the support of
