EPMF - JASMINE

Contents EIF: Microfinance activity overview EPMF: the EU Facility for microfinance JASMINE: Technical assistance for microfinance

EIF: Europe`s leading developer of risk financing for entrepreneurship and innovation EU specialised institution for SMEs, risk financing through: Venture Capital and Mezzanine (fund of funds) Structuring and Guaranteeing Microfinance portfolios of SME and microfinance loans/ leases Fund Management (Regional Policy) Geographic Focus / Intermediaries EU 27, EFTA, Candidate Countries Distributing through Banks and Funds Authorised Capital € 3bn EIB: 60% EU: 30% Fin. institutions: 10 % Dual Objective of Meeting EU Policy Goals & Generating a Satisfactory Return on Equity

How does Progress Microfinance work?

Achievements (After 24 months) 25 microfinance deals signed 15 EU countries covered with a good balance between East and West Europe 21 FIs selected with a good balance between Bank and non bank-MFIs EUR 82m committed for a total of EUR 212m project undertaking

JASMINE Technical Assistance Services Beneficiaries Microcredit providers active in EU Member States Selection through call for expression of interest launched by EIF JASMINE TA is an initiative running from 2009 to 2013 TA Services Evaluation Institutional assessment or rating from Microfinanza Rating or Planet Rating Trainings Tailor-made trainings by experts of the Microfinance Centre (MFC)

JASMINE TA Beneficiaries 2010 -2011-2012 4 1 3 2 11 1 1 4 9 2 2 4 1 # Nb of JASMINE Beneficiaries MS with JASMINE Beneficiaries MS with no JASMINE Beneficiaries