New EC report on microcredit workshops

The European Commission has published the report “Gaining scale in microcredit – can banks make it happen?” on two workshops that were organised by DG Enterprise and Industry in November 2008 and March 2009. Workshop participants included representatives from public and private banks, associations, consultancies and national governments from ten EU member states.

The report discusses business cases in different countries, models for microloan products as well as interest rates. It concludes with recommendations for banks, microfinance institutions and policymakers in order to improve the development of microcredit supply in the European Union.

The report can be downloaded here.