Credit: European Microfinance Award
Applications are now open for the European Microfinance Award 2024, organised by the Luxembourg-based European Microfinance Platform (e-MFP), the Inclusive Finance Network (InFiNe) Luxembourg and Luxembourg Aid & Development.
This year’s award is dedicated to the theme of “Advancing Financial Inclusion for Refugees & Forcibly Displaced People” and is open to applications from organisations working in financial inclusion that aim to help forcibly displaced people build resilience, restore livelihoods, and live with dignity in host communities.
The European Microfinance Award (EMA) is a prestigious annual award with €100,000 for the winner and €10,000 for the two runners-up aimed at promoting financial inclusion initiatives and highlighting their innovative contribution in a particular area to the sector’s development. It serves two parallel goals: rewarding excellence and collecting and disseminating the most relevant practices for replication by others. The Award was launched in 2005 by the Luxembourg Ministry of Foreign and European Affairs.
Last year’s EMA winner was the Burkinabe microfinance model Yikri (Inclusive Finance for Food Security & Nutrition), for its financial products and support services specifically designed for the most vulnerable groups, particularly women, forcibly displaced people, rural smallholders and youth.
e-MFP is organising an online application guidance session in English on Monday 25 March 2024 at 10:00 during which the e-MFP team will go over the EMA process and reply to any questions that potential applicants may have. To participate, register here.
The closing date to apply for EMA 2024 is Monday 15 April 2024 at 23:59. Further information is available at: https://european-microfinance-award.awardsplatform.com/
