This new report provides updated and additional information about the European microfinance market and current developments in the microfinance area. Moreover, it gives insights into the intervention logic, rationale for EU support, and mandate development considerations of the EIF in this field. More precisely, following a short introduction, we provide in the second section (general market overview) updated information for selected aspects of microfinance in Europe. The third part explains the rationale for public support in the microfinance area and focuses on the chosen approach for the current Progress Microfinance mandate. This intervention logic is based on the market structure.
