EUROPEAN MICROFINANCE DAY

 

20th October is the 4.anniversary of EMD – European Day of Microfinance in most European Countries. Initiators and event organizers are 2 European networks The European Microfinance Network (EMN) and the Microfinance Center (MFC), bringing together various financial institutions. In 2018, the emphasis is on the impact that the money invested through microcredit has on economies and societies and is expressed in terms of Einstein’s formula E = mc2. E refers to the English terms for entrepreneurship, empowerment and employment, all through microcredit that duplicate value of invested funds. About this and the status and perception of microfinance in Serbia read in an article taken from the Portal “Lepa reč”.

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