European Microfinance Award
The 6th European Microfinance Award recognises Microfinance Institutions that operate in post-disaster, post-conflict areas and fragiles states, and provide financial and non-financial services aimed to increase the resilience of the affected, vulnerable population.
After natural disasters, heath crises or armed conflicts, populations experience critical levels of poverty, insecurity and instability. Not just people, but infrastructure, economic conditions, social cohesion and mobility are all victims of disaster or conflict in so-called "fragile states". And while addressing these challenges requires a spectrum of interventions, microfinance - alongside traditional relief and aid channels - can play a key role in creating employment, driving economic growth, ensuring a range of critical services, and bringing people together during times of need and challenges.
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