Examples of using Microfinance in English and their translations into Czech
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Colloquial
I'm your microfinance donor!
Microfinance for a Syrian refugee and a tango maestro.
The Commission is in favour of developing microcredit and microfinance institutions more generally.
The microfinance instrument has no coherence and no long-term vision.
The EU bank's investments in African microfinance have a big impact on people like Phyllis.
People also translate
I call upon my fellow Members not to hesitate in taking the decision to establish this microfinance programme.
The microfinance providers who are closest to the target beneficiaries will provide information on the availability of micro-loans.
That is why the Commission is focusing its efforts mainly on strengthening the institutional powers of microfinance operators.
We can also be pleased that an agreement has been reached to fund a microfinance mechanism for the European Union with fresh money.
It is well known that microfinance is most effective if business starters and micro-enterprises are accompanied through business support services.
I voted against the report because unemployment, which is constantly increasing in the European Union,cannot be combated with a microfinance programme.
The compromise is essentially that the Council approved the text for the microfinance instrument adopted by Parliament at first reading, which was important for a quick launch.
Thirdly, because of different approaches from different Member States,we would like to look at whether it is feasible to have an EU framework for non-bank microfinance institutions.
The 2010 budget earmarks EUR 25 million for microfinance and, against the advice of the Council, allows the draft budget relating to Cohesion Fund interventions to be kept.
Only three months after the entry into force of the decision, the Commission finalised the mandate for the European Investment Fund to launch the guarantee operations for microfinance providers.
In certain cases,where new microfinance institutions are created, the Commission may also decide to provide funding for these start-ups through specialised NGOs.
Thanks to the cooperation andconstructive understanding between all the groups, it is going to adopt the microfinance instrument, which is consistent with its actions over many years, as Mr Őry reminded us.
The microfinance institutions offer M-Birr services in more than 7,000 locations- M-Birr MFI branches and agents in shops, pharmacies and petrol stations around Ethiopia.
FR Madam President, Commissioner, ladies and gentlemen, first of all, I would like to thank the rapporteur for the work she has done, andour fellow Members for their hard work in creating this new microfinance instrument.
This new microfinance scheme, however, will counter this current trend of restricting access to credit, by making it easier to obtain the funds needed to set up new businesses and create new jobs.
Given the financial crisis andthe significant drop in the number of loans being granted, I support the proposal by the European Commission to establish a microfinance instrument targeting the most vulnerable groups, and particularly women, young people and the unemployed.
Microfinance is an interesting instrument to provide people who are unemployed or in danger of losing their jobs, and also enterprises in the social economy, with financial support in times of crisis.
It is important to stress that the long-term effectiveness of activities financed by micro-credit instruments and the possibility of fully achieving social integration largely depend on simultaneous guidance, mentoring and training programmes,which must accompany microfinance.
Microfinance can only work as a component of this sort of comprehensive approach, in which the situation of new small entrepreneurs and the whole environment in which they operate is one that provides real opportunities to continue in business successfully and profitably.
Moving on to the second question, I can tell you that the Jasmine instrument- which is intended to assist with the appropriate preparations for microfinance and to pave the way for intermediaries to be set up and trained- is currently being used to make ready 15 institutions in 15 different countries, 11 of them in Central and Eastern Europe and four in Western Europe.
European microfinance will be available for cases where access to banking credit is denied or made difficult, through support for the growth of micro-enterprises, together with mentoring, coaching and interest-rate support from the European Social Fund.
IT Madam President, ladies and gentlemen, this evening we are discussing issues that are truly at the social heart of our society today- discussing mobilisation of the Globalisation Adjustment Fund earlier, and, let us hope, of Progress in the coming days- andthis European fund for microfinance is the ideal and essential instrument.
Madam President, ladies and gentlemen, a microfinance instrument for the unemployed, those at risk of becoming unemployed and, above all, for people who do not have access to normal credit markets, is evidence of good intentions and is, in principle, something that our group supports.
In this respect,the initiative put forward by the European Commission on microfinance programmes which are entered in a separate budget line will help encourage and motivate young people to enter the labour market, thereby reducing the unemployment rate which has risen among this group.
On the basis of these comparative advantages, the EIB manages microfinance operations within the general framework of the facilities funded by the EU budget, namely the FEMIP(Facility for Euro-Mediterranean Investment and Partnership) in the case of the Mediterranean region, or via the European Development Fund, which is the investment facility for the African, Caribbean and Pacific States.