The Microfinance and Social Entrepreneurship (MF/SE) axis supports actions in two thematic sections:
Until 2016, Progress Microfinance will run alongside the new MF/SE programme.
The European Commission does not directly finance entrepreneurs or social enterprises, but enables selected microcredit providers and social enterprise investors in the EU to increase lending.
Organisations that can apply for funding are public and private bodies established at national, regional or local level and providing microcredit for persons and microenterprises and/or financing for social enterprises in these countries.
21% of the total EaSI budget will be allocated to MF/SE.