|Photo: Marie De Decker / ©European Microfinance Award / Cour grand-ducale|
On the 17th, Grand Duchess Maria Teresa presented the 7th European Microfinance Prize of 100.000€ to the Kashf Foundation of Pakistan. The organization is the first to offer significant microfinance opportunities in Pakistan, with the larger goal of alleviating poverty and encouraging gender equality, particularly among businesses.
The Grand Duchess also spoke at the event, which was focused on "Microfinance and Access to Education" and took place during European Microfinance Week within Luxembourg. Romain Schneider, the Minister of Development Cooperation and Humanitarian Action, was there, as well as Dr. Werner Hoyer who is the president of the European Investment Bank (EIB).
A little more information, and a few more photos, from the Cour website.