EMD 2023 "A Step Toward Financial Inclusion"

“We are delighted to share with you that we are taking part in the European Microfinance Network’s EMD Campaign 2023 - A Step Toward Financial Inclusion. Coming to ist 9th edition, the European Microfinance day Campaign is an initiative launched in 2015 by EMN as a tool to highlight the impact of the microfinance sector in Europe from a social and economic perspective. In particular, this year’s edition will focus on understanding the struggles and the needs of MSMEs and vulnerable households. How vulnerable households, micro and small entrepreneurs who have no savings or who cannot access traditional banking services to cover this increase of the cost of living?
The latest Consumer Conditions Scoreboard published by the European Commission in March 2023 showed that in 2022, 37% of European consumers have dipped into their savings to face this challenging situation. The microfinance sector in Europe is quite heterogeneous and to make sure that all voices are heard, EMN has invited its members to showcase how they deal with the economic situation depending on the target clients and market: women, youth, entrepreneurs, migrants, etc.
 Stay tuned for more information coming in the next few days and have a look at EMD’s dedicated page on EMN website (https://lnkd.in/gwVMHd4) to learn more about the campaign!
#2023EMD #EuropeanMicrofinanceDay