Social Performance and
Projects
Through its Mission and Values, ASF is committed to helping clients increase their income, strengthen their businesses and make informed financial decisions, contributing to poverty reduction and improved living standards in the communities it serves.
Code of Good Conduct
The European Code of Good Conduct for Microcredit Providers promotes best practices among organisations that provide microcredit. It comprises a set of sound business principles that take into account the different legal forms and institutional frameworks across Europe. As a result, lending practices in the microfinance sector may vary depending on:
Given the diversity of the microfinance sector, implementing this voluntary code is an important tool for promoting best practices within the sector.
The Code establishes a unified set of standards for the microfinance sector in Europe. It serves as a self-regulatory tool and a quality label for microfinance institutions committed to ethical finance. The Code was developed from recognised best practices in the sector, in close consultation with stakeholders.