EPMF - JEREMIE PPP Examples in EU This presentation was prepared by - - PowerPoint PPT Presentation

▶
epmf jeremie
SMART_READER_LITE
LIVE PREVIEW

EPMF - JEREMIE PPP Examples in EU This presentation was prepared by - - PowerPoint PPT Presentation

Jun 28, 2023 39 likes •172 views

EPMF - JEREMIE PPP Examples in EU This presentation was prepared by EIF. The information included in this presentation is based on figures available for February 2012 Any estimates and projections contained herein involve significant elements of

slide-1
SLIDE 1

EPMF - JEREMIE

This presentation was prepared by EIF. The information included in this presentation is based on figures available for February 2012 Any estimates and projections contained herein involve significant elements of subjective judgment and analysis, which may or may not be correct.

PPP Examples in EU

slide-2
SLIDE 2

Contents

 EIF: Microfinance activity overview

 EPMF: the EU Facility for microfinance  JEREMIE: Micro and social finance

slide-3
SLIDE 3

EIF and Microfinance

slide-4
SLIDE 4

3

EIF Microfinance Activity

 CIP  EPPA  Jasmine  Jeremie  Progress EU 27 (Europe)

slide-5
SLIDE 5

4

EIF/EU Microfinance Activities – overview

Technical Assistance Capacity Building Debt and Equity Funding

JASMINE TA

  • Evaluations, ratings and

training EPPA

  • Higher risk, earlier

stage funding CIP Micro

  • Risk protection for

bank intermediaries JEREMIE

  • Confined regional

approach based on local needs RCM Micro

  • Broad eligibility criteria

including for EU candidate countries Progress

  • Wide offering of funded instruments for variety of needs
  • Bank and non-bank intermediaries across EU
  • Social impact and employment focus

Risk Protection

 a varied scope of support for diverse market needs

Progress

  • Risk coverage for

micro-loan portfolios

Transfer of second tranche complete Full deal pipeline reallocation during 2011

?

slide-6
SLIDE 6

5

European Progress Microfinance Facility (EPMF)

slide-7
SLIDE 7

6

How does Progress Microfinance work?

Fonds Commun de Placement (FCP)

slide-8
SLIDE 8

7

EIF acts as EPMF’s Fund Manager

“…EIF is specialised in developing financial solutions for the development of the European Microfinance sector...”

  • EPMF is a EUR 175 m investment fund + a EUR 25 m guarantee compartment
  • It is implemented by financing, guaranteeing and investing in institutions that have

the capacity to distribute and originate microloans

Instruments to support the EU microfinance industry EPMF FCP – SIF constituted in Luxembourg EUR 75 million EUR 100 million Fund Manager € € microborrower microborrower microborrower € € € € € €

Guarantee compartment

EUR 25 million

Institutions that have capacity to deliver microloans

slide-9
SLIDE 9

8

JEREMIE Micro and Social Finance

slide-10
SLIDE 10

9

Instrument: Funded Risk Sharing for Microcredit

 Structure:

FI Funds At least 30% JEREMIE Funds 70%

micro

Loans Joint resources

micro micro micro micro micro micro

slide-11
SLIDE 11

10

Rationale “Social economy plays an essential role in the European economy, by combining profitability with solidarity, creating high- quality jobs, strengthening social, economic and regional cohesion, generating social capital, promoting active citizenship, solidarity and a type of economy with democratic values which puts people first, in addition to supporting sustainable development and social, environmental and technological innovation”

Instrument: Funded Risk Sharing for Social Finance

slide-12
SLIDE 12

11

FI funds At least 40% JEREMIE funds 60% (zero rate)

SME/micro

Loans

Combined Resources

SME/micro SME/micro SME/micro SME/micro SME/micro SME/micro

Instrument: Funded Risk Sharing for Social Finance

 Structure:

slide-13
SLIDE 13

12

Contact

Riccardo Aguglia Senior Investment Manager Guarantees, Securitization & Microfinance European Investment Fund 96, boulevard Adenauer L-2968 Luxembourg Tel.: (+352) 24 85 81 Fax: (+352) 24 85 81 200 www.eif.org