EU PROGRAMME FOR EMPLOYMENT AND SOCIAL INNOVATION (EaSI)
EaSI Technical Assistance is a part of the first axis of the Employment and Social Innovation (EaSI) Programme which is an EU level financing instrument. Its third axis aims to increase the availability and accessibility of microfinance for vulnerable groups and micro enterprises, build up the institutional capacity of microcredit providers and increase access to finance for social enterprises.
The EaSI Technical Assistance provided by fi-compass builds on the experience of JASMINE 2007-2013 support activities. It offers assistance to European microcredit providers and business development tools to the wider European microcredit sector.
Under fi-compass, EaSI Technical Assistance will deliver three strands of support:
i) provision of an institutional assessment or rating to selected European microcredit providers, followed by tailored trainings in line with the main findings in the assessment or rating, to increase the quality of their internal processes. Fi-compass will select interested microcredit providers by publishing a call for expression of interest.
ii) make certain market development services publicly available, such as workshops and seminars on microfinance related topics, and a helpdesk to lodge information requests on microfinance in Europe, in order to promote the spread of best practices and improve the visibility of microfinance in Europe.
iii) offer advice to microcredit providers regarding the European Code of Good Conduct for Microcredit Provision (Code) by way of training and evaluation of its implementation by microcredit providers as the Code has become a crucial element for microcredit providers to acquire recognition and attract European-wide consideration and potentially more support from the private and public sector.