The starting point of the EMN Working Group on Growth has so far been limited to the explanatory power of success factors for microcredit provision at the institutional level in Europe. Moreover, the growth of an MFI depends on a multidimensional set of factors. The analysis of success factors is of high relevance not only for individual MFIs, but also for the microfinance sector as a whole in Europe. This is due to the design and amount of recent EU funding, which is based on the idea of developing high-growth organisations throughout the EU-28 member states.