News | 06 Dec 2024

How can microfinance support rural communities in addressing housing needs?

Microfinance can support local communities in accessing housing, (re)building and renovating homes whilst integrating green sustainability requirements, a recent event of the European Microfinance Network (EMN) concluded.

EMN Conference

Image by the Rural Pact Support Office

The event (5 December 2024 – Brussels, Belgium) explored the untapped potential of the microfinance sector in addressing the need for affordable rural housing across the EU.

The EMN showcased two good practices: the Austrian Erste Bank and the Greek Cooperative Bank of Karditsa, both of which drive projects addressing the supply and demand sides in social and affordable housing in rural areas.