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What’s Happening
- Three Bosnian microcredit organizations receive Smart certificates for consumer protection compliance
Sarajevo, Bosnia & Herzegovina (May 6, 2013) - On May 6, the Smart Campaign, in cooperation with the International Finance Corporation (IFC), member of the World Bank Group, presented certificates to microcredit organizations (MCOs) EKI, MI BOSPO, and Partner for being certified for achieving adequate levels of compliance in consumer protection.
Read more » - New Client Protection Certification Program Sets the Bar for Microfinance Smart Campaign Announces First “Client Protection Certified” InstitutionsWashington, DC (January 24, 2013) - As of today, the microfinance industry has new client protection standards and a Client Protection Certification Program aimed at retail financial institutions serving the world’s poor. The ambitious effort, created for and by the industry and managed by the Smart Campaign, represents an important milestone in the evolution of microfinance as a uniquely client-focused portion of the global financial sector. “There has been widespread demand for mechanisms that protect microfinance clients. This is the first program that verifies client protection publicly,” said Smart Campaign Managing Director Isabelle Barrès.
Meet the Endorsers
Gatsby Foundation, Cameroon
Cameroon Gatsby Foundation focuses on providing access to microfinance for women's groups. Its operations are driven by its mission to increase the prosperity and empowerment of vulnerable, low-income women and their families.
As a "problem-focused" organization, Gatsby works by removing barriers including lack of knowledge, skills, or finances for its clients to achieve greater financial inclusion.
An initiative of The Center for Financial Inclusion at Accion, and CGAP © 2010, All rights reserved.
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