Posts tagged: European Commission

Update of the European Code of Good Conduct for micro-credit provision

We have recently won a €60,000 research contract with the European Commission to support the process of updating the European Code of Good Conduct for Microcredit Provision. This will involve facilitating a series of workshops and consulting with practitioners and stakeholders.

Dr. Pål Vik

Dr. Pål Vik

 

This has recently been announced on the website of Directorate-General for Employment.

Microfinance experts Prof. Karl Dayson and Dr. Pål Vik from the University of Salford will collaborate with the European microfinance sector.

 

Prof. Karl Dayson

The workshop will take place in Bilbao during the Microfinance Centre (MFC) – European Microfinance Network (EMN) Annual Conference on 3 October 2018, where representatives from microfinance institutions and microfinance experts from all over Europe will meet to discuss the areas of the Code that need an update.

 


Academics Given Major Role Overseeing EU Microfinance

European Comission logo

 

Professor Karl Dayson, Associate Dean of Research and Innovation in the School of Arts and Media, and Dr Pal Vik, Research Fellow, have been appointed major roles overseeing the funding of small loans to businesses across the European Union. Professor Dayson will sit on the European Commission steering committee, responsible for the Code of Good Conduct for Microcredit Provision and Dr Vik will deputise for Professor Dayson.

Microfinance refers to loans of up to €25,000 and the provision of financial services for entrepreneurs and small businesses.

The official providers who issue these loans include the local Greater Manchester’s Business Finance Solutions, part of the Manchester Growth Company and are able to do so through access to portions of €180m set aside by the EU for this purpose.

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