EMN 2008-2009 Overview - Réseau Européen de la Microfinance

Debt
counselling
Mortgages
Money transfer
services
Insurance
Savings products
Personal
microcredit loans
stated in the 2006 report, “the sector remains
dominated by microenterprise loans. On
one hand the financial services sector is
well developed. On the other hand, in many
countries regulatory environments restrict
the financial activities of non-governmental
organisations” (EMN, 2006, p.33).
Of the total number of institutions that
participated in the survey, 32 reported the
percentage of loans that were allocated
to personal microcredit loans out of their
overall portfolio. This represents a smaller
Forty-two percent of the institutions offer
“other financial services”, an 8% increase
over the previous survey. In Spain, savings
banks and their foundations cross-sell
financial products with their microcredit
programme clients. They provide consumer
and personal loans, savings products,
insurance, debt counselling and to a lesser
degree money transfer and mortgage
number of responding institutions than
the information received in Section 3.4.2
regarding microlending as a portion of overall
portfolio and the percentage of portfolio
designated to enterprise or personal lending.
Questions in both sections were very similar
and the institutions that responded to this
part of the survey may have understood
personal lending to be a service instead of a
proportion of the overall portfolio. Of the 32
responding institutions, 53% reported that
personal microcredit represented 50% or
more of their portfolio.
Graph 33: Share of organisations providing “other” financial services
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
CDFI
NGo or foundation
Bank
Credit union cooperative
Non-bank financial institution
Savings Bank
Government body
other
services to microenterprise clients. A
large majority of institutions in Bulgaria,
Hungary and Italy offer debt counselling
as a service separate from microcredit
lending. NGOs are generally not involved
in the more sophisticated financial products
such as insurance, money transfers or home
mortgages, but they do offer debt counselling
and personal microcredit loans.
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