MFI Out Of A Box (MFIOOAB) is an attempt to address a broad range of topics on the professional management of various types of microfinance institutions. It is designed to be of direct and practical relevance for nascent microfinance institutions.
As the microfinance industry evolves, there are more options available for microfinance institutions (MFIs) to finance their business, including different forms of debt, equity, and hybrid forms for raising capital.
Loan portfolio is the most important and largest asset for an MFI, as it generates income (interest and fees). The motivation for a client’s prompt repayment is the expectation to get a bigger loan with advancing cycles. Any outbreak of loan delinquency can quickly spin out of control and can cause havoc for the MFI.
As microfinance institutions mature, they need to modify their credit methodologies. This is necessary to broaden the range of services offered, to reduce the cost and to control credit risks for larger loans as the effectiveness of group-based joint liability decreases.
As microfinance institutions mature, they need to modify their credit methodologies. This is necessary to broaden the range of services offered, to reduce the cost and to control credit risks for larger loans as the effectiveness of group-based joint liability decreases.
As financial institutions become more sophisticated and client-oriented, they start to offer a range of products. To achieve financial viability, managements need to understand their overall cost-structures and income flows on a product-by-product (and often on a branch by-branch) basis.
Governance as a term has progressed from obscurity to widespread usage. The need of governance exists anytime a group of people called stakeholders come together to accomplish an end result. Governance is a process by which a board of directors, through its management, guides an institution in fulfilling its corporate mission and protects the institution’s assets over time.
The Market Research for MicroFinance toolkit consists of standard Participatory Rapid Appraisal (PRA) tools adapted to microfinance, as well as original PRA tools developed by MicroSave. The toolkit includes:
In the process of product development, the pilot-test is one of the most important steps and yet is one of the least well-implemented ones. This MicroSave toolkit was developed with Michael McCord and provides a user friendly guide to the critical pilot-testing process.
In the process of product development, the pilot-test is one of the most important steps and yet is one of the least well implemented ones. This MicroSave toolkit was developed with Michael McCord and provides a userfriendly guide to the critical pilot-testing process.
