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CERMi News

Monday, September 21, 2015

10-year Anniversary of EMP - Graduation Ceremony

The European Microfinance Programme (EMP) celebrates this year its 10 th anniversary. A special conference will be organised on October 19, 2015 at 7.00pm, together with the annual graduation ceremony. read more

Joint CERMi- CES Doctoral Fellowship on social entreprises (ULB - ULg)

Tuesday, May 5, 2015

The 2nd Interdisciplinary Symposium on Sustainable Development is organised with the support of the Public Service of Wallonia. This symposium is co-chaired by the Professors Marek Hudon (Co-director of CERMi - Université libre de Bruxelles) and Jean-Pascal van Ypersele (Université catholique de Louvain).

The Symposium will take place on 20, 21 and 22 May 2015:

20 May. Inaugural conference at 20h in ULB (Bruxelles) with Rob Hopkins and Gunter Pauli

21-22 May. Two days of Symposium at UCL (Louvain-la-Neuve)

with Martin Khor on 21 May and Thomas d'Ansembourg, Jean-Marc Jancovici, Jeffrey Sachs and Laurence

More than 120 high-quality contribution proposals were submitted and about sixty will be presented during the parallel sessions.

Online registration will be open at the beginning of spring on the following website:

For any further questions, please contact the organisation at the following email

CERMi (Centre Européen de Recherche en Microfinance / Centre for European Research in Microfinance), draws together researchers, involved in microfinance activities in developing countries, from the Centre Emile Bernheim (Solvay Brussels School of Economics and Management. Université Libre de Bruxelles ) and from

the Warocqué Research Centre (Université de Mons ). The CERMi also collaborates with the European Microfinance Programme .

Microfinance provides financial services, including credit, savings and insurance, to poor customers with little or no access to the traditional banking sector. It has come to be regarded as a very important component of strategies aimed at reducing poverty. Over the last decade, the microfinance industry has experienced rapid growth creating a constant demand for new knowledge to help guide its development.

CERMi was created as part of the Académie Wallonie-Bruxelles, with the goal to become an active participant in this process. It aims to study the management of a wide range of microfinance financial institutions, represented by NGOs, cooperatives and commercial companies. Thanks to an interdisciplinary approach, CERMi hopes to make substantive contributions to the body of knowledge on microfinance which will help the industry deal more effectively with its future challenges.

From a microeconomic and managerial perspective, CERMi is undertaking research on institutional aspects including governance and risk management of microfinance institutions, as well as the concept of a client-driven approach toward the development of financial services and products. From a macroeconomic and sociological point of view, CERMi focuses on matters of regulation and local government policy, as well as the roles played by central banks and international donors. Links between microfinance and the traditional banking sector are also analysed, and throughout this research, special attention is given to ethical considerations that are specifically relevant and critical to the evolution of the microfinance industry.

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