Low-income people typically do not have access to appropriate financial services to smooth income and consumption, manage risks, and support income-generating activities. The lack of availability of financial services is particularly acute in rural areas, for women and for the poorest segments of the population. Microfinance uses innovative delivery mechanisms and product designs to extend credit, savings and other financial services to the poor, allowing them to reduce poverty. This course aims to provide knowledge and skills to enhance MFIs to provide services to low income people in cost effective manner.
WHO SHOULD ATTEND?
Managers, Accountants, and Senior Staff responsible for managing, establishing, operating, monitoring and supervising MFIs.
HOW PARTICIPANTS WILL BENEFIT
At the end of the course participants will be able to:
- Diagnose problems and design solutions to address management deficiencies;
- Develop strategies for successful micro lending;
- Develop and apply good savings and credit policies;
- Analyze documentation of micro credit activities;
- Proactively shape the institutional culture.
- Basic principles of microfinance and community development
- Human resource management: hiring, training and motivating for success;
- Creating and propagating an effective institutional culture;
- An overview of a comprehensive toolkit for an effective MFI
- Conceptual of model of microfinance delivery process
- Regulatory framework for Micro Finance Institutions
- Managing risks, including credit risk, fraud and security risk.