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Social enterprises combine social goals with entrepreneurial activity. They represent a business model focused on having a positive social or environmental impact rather than simply making profit for shareholders. Social enterprises make a valuable contribution to the economy and society, operating mainly in local communities and covering areas such as education, healthcare, social services, work integration and environmental protection. They are also an increasingly popular choice for outsourcing ...

The European Parliament will discuss in Plenary the European Commission 2013 report on the implementation of the European Progress Microfinance Facility for employment and social inclusion, a programme that aims to increase the availability of microcredit and which, as of 2014, has been integrated into the umbrella programme for social change and innovation (EaSI).

The European Progress Microfinance Facility for employment and social inclusion was established by Decision 283/2010 and will be in operation until April 2016. Although only a limited number of conclusions can be made on the basis of data available so far, some criticism towards this instrument has already been reflected in the set-up of the next EU multi-annual framework to cover microcredit, namely the Programme for Employment and Social Innovation (EaSI). The specific effects of the Microfinance ...

The report describes the microfinance sector in the European Union and the different forms it takes depending on the Member States and their particular banking and financial sectors, as well as the needs that it covers. It takes into account the regulatory framework and analysis and assesses the situation and trends in microfinance in the EU, in accordance with the institutions and intermediaries at work.