In November 2009, EIF issued a working paper on the European microfinance market. In this
study, we found that there are wide spectra of final beneficiaries and intermediaries and
concluded that there is no common microfinance business model in Europe. While our findings
suggested that the microfinance market is immature and fragmented, they also pointed to its
growing importance as a market segment with a potential to counter poverty and unemployment
while fostering financial and social inclusion. The main findings of our initial research with regard
to the structure of the European microfinance market are still valid. ...
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Progress for Microfinance in Europe
Progress for Microfinance in Europe
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