The Institute complements the activities of the European Investment Bank Group (EIB and EIF) in the area of microfinance through its Knowledge and Social Programmes. Under these two programmes, instruments – mainly grants and sponsorships – are available to promote conferences and other initiatives and to support higher education and research enabling the development of microfinance in Europe and beyond.
Microfinance has been the theme of EIB Institute research grants under the EIBURS and STAREBEI programmes. An ongoing EIBURS on “the Impact of microfinance on financial and social inclusion in Europe” is being carried out by the Università Cattolica del Sacro Cuore, Italy. In previous years, the Institute notably financed research by the Université Paris 1 on “the rising of credit risk in microcredit: origins, warning signals, current state and future prospects”.
The Institute is supporting the Venice Microfinance Initiative managed by students of Venice’s Ca’ Foscari University. With this project, selected students will bring their knowledge and expertise to microfinance institutions working in Italy and Eastern Europe.