The Microfinance Centre, an international network of 104 microfinance institutions (MFIs) throughout Central and Eastern Europe (CEE) and the New Independent States (NIS) announced its creation of an award to recognize innovations, products, application of technology, social performance, and delivery mechanisms in MFIs. Its partner institutions include the Consultative Group to Assist the Poor (CGAP), United States Agency for International Development (USAID), Citigroup Foundation, Microsave, and the International Organization for Development Co-operation (ICCO).
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