Cooperative Bank of Karditsa (CBK) and the European Microfinance Network (EMN) are seeking a researcher (or a team of researchers) to carry out a research project under Maria Nowak Research Fellowship. This initiative is designed to promote research on inclusive finance across Europe and to contribute to the broader European academic landscape of microfinance. 

This year, CBK's proposal was selected, focusing on the impact of climate change on rural communities and the role of cooperative banks in supporting these communities. 

Below is an overview of the research assignment funded by the Maria Nowak Research Fellowship, including details on the project’s objectives, activities, budget and application process.  

For all those interested in submitting a proposal, please review the full Terms of Reference by following this link. Please note that proficiency in Greek is a critical requirement for all applicants.  

Main objective 

The researcher will: 

• Assess the impact of climate incidents on rural communities served by cooperative banks/microfinance institutions (MFIs)
• Evaluate the current role of cooperative banks/MFIs in supporting these communities. 
• Propose tailored financial products and services to meet the challenges posed by climate change. 

Key Activities and deliverables 

• Conduct field visits, interviews, and surveys in the Karditsa region. 
• Review relevant literature on climate change and microfinance. 
• Draft a comprehensive consultancy report and a concept note for an academic paper. 
• Present findings at the EMN Annual Conference in 2025. 

Budget 

The selected researcher will receive a lump sum of EUR 10,000 (excluding VAT). 

Application process  

Interested candidates should submit a detailed research proposal, a CV with references, a cover letter, and proof of academic qualifications and language proficiency. A selection committee, consisting of EMN Research Committee members and CBK representatives, will review the applications. Shortlisted candidates will be invited to an interview with EMN and CBK representatives. 

Deadline  

Proposals should be sent to the following addresses: n.benaglio@european-microfinance.org, f.preve@european-microfinance.org, empletsa@bankofkarditsa.com, by midnight (Brussels time) on Monday, October 7th, 2024. The same email addresses can be used for any questions or inquiries. 

 Funded by the European Union 

With the support of