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Six microfinance institutions awarded under the European Code of Good Conduct for Microcredit Provision

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Six microfinance institutions awarded under the European Code of Good Conduct for Microcredit Provision

On 13 December 2018, the Code of Good Conduct Steering Committee decided to award six microfinance institutions the certificate of compliance with the Code, based on the results of the evaluations. The certificate is valid for three years.

The awarded microfinance institutions were:

The European Commission has developed the European Code of Good Conduct for Microcredit provision to ensure high ethical lending standards and practices within the European microfinance sector.

Complying with, or endorsing the Code is a pre-condition for accessing EU funding under the EaSI financial instruments for microfinance, such as the EaSI Guarantee and the EaSI Capacity Building Investments Window.

Previously awarded microfinance institutions are: