News and Events

Upcoming missions and events – Quarter 3, 2016

During the upcoming quarter, MFR’s team will be visiting the following countries: Cambodia, Zimbabwe, Ecuador, among others.

Moreover, we will be participating to the following events:


Follow us on Twitter and LinkedIn for updates and important news from the microfinance sector.

Fundación Paraguaya is certified in Client Protection

MicroFinanza Rating, Client Protection Certifier licensed by the SMART Campaign, is glad to announce that Fundación Paraguaya has been certified in Client Protection, first in Paraguay.

Fundación Paraguaya has to meet all the standards needed to treat their clients with adequate care.

Fundación Paraguaya has long been a leader and innovator in microfinance and in the broader fight against poverty, contributing to areas like poverty assessment, financial inclusion for persons with disabilities, and youth empowerment.

Along with its strong client protection practices, Fundación Paraguaya offers a range of financial education services, including services to children and youth via uniquely structured, financially sustainable programs.

For more information on Fundación Paraguaya, read the article “Client Protection Firsts in Paraguay and the Dominican Republic” by the Smart Campaign.

MicroFinanza Rating at the 13th EMN Annual Conference, 16th-17th June, Warsaw


MicroFinanza Rating's Executive Director Aldo Moauro participated in the panel discussion on the Progress Review of the European Code of Good Conduct as guest speaker.

MicroFinanza Rating is the leader of the consortium in charge of the official evaluation of Compliance with the European Code of Good Conduct. The consortium led by MicroFinanza Rating was selected by the European Investment Bank (EIB) and EC DG Employment, Social Affairs and Inclusion.

According to the new Employment and Social Innovation (EaSI) regulation, implementing the EU Code of Conduct has become a pre-condition for accessing EU funds under the EaSI Program: this workshop represented the chance to know more about the implementation and evaluation process of the initiative.

The aim of the European Microfinance Network (EMN) Conference, titled "Shaping European Microfinance: Who, What and for Whom?", was taking stock of what the sector understands by microfinance: what products and services does it include and whom are they addressed to? This definition would make it easier to distinguish between mainstream financial products and specific services addressed to the underserved. The conference took place in Warsaw, from the 16th to the 17th of June.

For more information, please visit the EMN webpage


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First Moroccan Microfinance Institution Certified by MicroFinanza Rating

Today at the SPTF Conference 2016 in Marrakech Mr Aldo Moauro, Executive Director of MicroFinanza Rating, and Mrs Isabelle Barres, Director of the Smart Campaign have officially announce and award the Client Protection Certification to Tamwil al Fellah.
MicroFinanza Rating is very pleased to support the enforcement of responsible practices towards clients in Morocco and wish more will join the initiative for a wider implementation of best practices in the sector.



MFR at SPTF 2016 Annual Meeting

MFR will participate in the annual SPTF 2016 Annual Meeting in Marrakech, Morocco, and will be represented by Aldo Moauro, Executive Director, Lucia Spaggiari, Business Development Director, Chiara Pescatori, Social Rating Director and Joris Crisà, Regional Manager MENA.

On Sunday 29th: Updates on the global APR database proposal and the Social outcome management guidelines for Investors will be shared by Lucia Spaggiari, Business Development Director, at the SPTF Social Investors working group.
On Monday 30th: Frances Sinha (ED Rural Systems) and Lucia Spaggiari (MicroFinanza Rating) will moderate a day-long workshop open to all participants during which the key takeaways of the Social outcome management guidelines for Financial Service providers and Investors will be presented and the participants will be encouraged to share their challenges and discuss solutions to bridge gaps. On Monday 30th: Aldo Moauro (MicroFinanza Rating Executive Director) will participate in a day long meeting to share how regulators can make use of social performance management, client protection tools and international best practices in local regulation and supervision.On Tuesday 2nd: Lucia Spaggiari (MicroFinanza Rating) will assist in moderating the client outcomes plenary session and one of the breakout group sessions with the participation of Anthos Asset management and BBVAMF.

For further information, please visit the SPTF 2016 Annual Meeting website.

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