According to the EMN-MFC last overview survey, 71% of MFIs offer loans for financing green solution and green technologies and only 27% provide non-financial services to support their clients in their green transition. The microfinance sector has the capacity and the expertise to support micro and small social entrepreneurs with financial and non-financial support.
EMN will support its members in developing mainstream products. By end 2025, EMN hopes to see 80% of microfinance institutions with green microfinances products and 50% of them will have set up non-financial services to support the green transition of micro and small social entrepreneurs. To achieve these levels by end 2025, EMN will work towards this achievement with capacity building initiatives (webinars, trainings, peer to peer exchange, study visits between our members) and advocacy actions to ensure the availability of financial instruments for MFIs to develop these products for social economy entrepreneurs.
EMN will monitor the results via its yearly overview survey but also through its various capacity building projects which will allow it to keep a pulse on the initiatives and deployment of new financial and non-financial services to the microentrepreneurs.