Examples of using Progress microfinance in English and their translations into Slovenian
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Official/political
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Programming
including 15 with microcredit providers who had not previously received Progress Microfinance support.
The change hinders the ability of the guarantee institution to fulfil the additionality requirements under Progress Microfinance.
With this target group, the new Programme would also avoid overlaps with the European Progress Microfinance Facility(Progress Microfinance).
Progress Microfinance guarantees microStart up to EUR 111 375 for a portfolio of microloans of EUR 2.7 million at a guarantee rate of 75%
Progress Microfinance was set up by Decision No 283/2010/EU of the European Parliament and of the Council(‘the Decision')
This has been addressed by extending Progress Microfinance activities into three new Member States in 2013(Denmark,
Social reporting confirms that Progress Microfinance has increased its outreach activity with regard to disadvantaged groups,
Some countries with microcredit providers who have signed a contract under Progress Microfinance may not yet show any recipients,
To become an intermediary under Progress Microfinance, microcredit providers have to reply to the call for expressions of interest for the guarantees
Under the Progress Microfinance guarantee window, which is funded by the Commission only,
In order to capitalise on the experience of international financial institutions and in particular the European Investment Bank and the European Investment Fund the Progress Microfinance Facility would be established on the basis of joint management.
In addition to the first two guarantees received from the Progress Microfinance guarantee window, microStart and Qredits could also benefit from a EUR
European Progress Microfinance Fund, the main vehicle through which Progress Microfinance is implemented.
The agreement with the EIF provides that funds from Progress Microfinance may not replace equivalent guarantees received by intermediaries under existing EU, national or regional financial instruments.
complement Progress Microfinance.
By that date in 2011, only five microcredit providers had started lending under Progress Microfinance, but data on some aspects is only available from two microcredit providers.
European Progress Microfinance Fund, the main vehicle through which Progress Microfinance is implemented.
It receives a guarantee of EUR 1 300 500 from Progress Microfinance for a microloan portfolio of EUR 20.4 million at a guarantee rate of 75% and a cap rate of 8.5%.
be allocated to microfinance, building on Progress Microfinance activities and adding new ones,
i.e. a Progress Microfinance guarantee cannot be used to cover microloans financed from a Progress Microfinance loan.