The objective of the 5th European Microfinance Award “Microfinance and Environment” is to highlight opportunities for microfinance to improve environmental issues in the South and encourage the industry to find innovative solutions for global environmental concerns.
The prize of €100.000 will be awarded on 13th November 2014 during the European Microfinance Week.
Last Date for Applications : 15th June 2014
To apply visit : http://www.e-mfp.eu/
European Microfinance Award 2014
The European Microfinance Award was launched in October 2005 by the Luxembourg Ministry of Foreign and European Affairs – Directorate for Development Cooperation and Humanitarian Affairs, to support innovative thinking in the microfinance sector.
Awarded for the first time in 2006, it is jointly organised by the Luxembourg Development Cooperation, the Luxembourg Ministry of Finance, the European Microfinance Platform (e-MFP) and the Inclusive Finance Network Luxembourg in cooperation with the European Investment Bank (EIB).
Previous editions were devoted to the following subjects:
2006, Innovation for Outreach
Microfinance breakthrough initiatives deepening or broadening rural outreach
Winner: The Zakoura Foundation (Morocco), for its programme on rural tourism
2008, Socially Responsible Microfinance
Microfinance innovative initiatives to promote social performance
Winner: Buusaa Gonofaa (Ethiopia), for the development of its client assessment system
2010, Value Chain Finance
Outstanding microfinance initiatives in productive value chain schemes
Winner: Harbu (Ethiopia), for an initiative financing a soybean value chain
2012, Microfinance for Food Security
Microfinance initiatives contributing to improve food production and distribution conditions in developing countries
Winner: ASKI (The Philippines), for its micro agriculture loans for smallholder farmers and agribusiness
and support to market linkages to private sector enterprises.