Microfinance is a sector that is constantly developing and that is growingly professional. Developing expertise in emerging countries is essential to us, in particular through increased independence, which is a key value to ADA (Appui au Développement Autonome) [Support for Independent Development]. Holding 20 years’ experience both in research and in the field, ADA provides professional one to five-day training modules, in coordination with its partners. Lectures are also provided, which may contribute to of university curricula. Our options, developed for sector professionals, are described in the training catalogue, where they are grouped by core topic:
Financial and social performance Risk management Governance and transparency Product diversification Microinsurance
Knowledge transfer and best practice may be reinforced by working documents during sessions, which the part-taking institution can use further. Some modules may be accompanied by technical assistance.
Training catalogue 2016
Financial and social performance for MFI – Microfact Description
This highly interactive workshop targets MFI managers of organisations with different profiles (legal form, age, size, area of operations,…) within a single region or country, who are keen to get more familiar with the calculation and interpretation of the financial ratios of their organisation. They will have the opportunity to get an on-site analysis of key performance indicators and return to their institution with practical and ready to use tools. It must be stressed that this training is based on the real figures of the participating MFIs.
Objectives
The general objective of the workshop is to give MFIs a better insight into the actual financial situation of their organisation and its position in the microfinance sector. It is vital to understand the benefits of monitoring and analysing financial performance indicators. Appraising their operational risks and assessing their financial condition will allow institutions to maintain or to progress towards sustainable business models. Specific objectives include: • Teaching MFIs the existence, definitions and interdependence of commonly used and accepted performance indicators in the microfinance industry Enhancing the skills and capacity of management in interpreting ratios, analysing financial trends, positioning themselves within the industry (benchmarks) and identifying key areas of risk to mitigate • Sensitising MFIs about the importance of performance monitoring as a tool for their daily management, decision‐making and business planning process • Raising awareness about the benefits of transparency and performance assessments (ratings), namely to secure external sources of funding • Promoting the exchange of knowledge and experience among participating MFI The workshop takes place over 3 days and covers the following topics: 1. What is performance? What is transparency? What is benchmarking? 2. Definition, interpretation, analysis and graphical illustration of 16 key standard financial performance indicators in the areas of: - Portfolio Quality / - Efficiency and Productivity / - Financial Management / - Profitability and sustainability 3. Analytical adjustments of financial data 4. Financial performance monitoring tools a. BRS/ADA factsheet: a user‐friendly MIS‐Tool to compute ratios and create graphs b. External performance evaluations (ratings): what, why and how?
Content
Target
General Director, Financial Director or Director Microfinance Department
Duration
3 days
Languages
English, French, Spanish, Portuguese and Lao
Regions
Africa, Asia, Latin America
Trainers
Habilitate trainers - Microfact
Contact
Caroline Morilhat – c.morilhat@ada-microfinance.lu / http://microfact.org/
Partners
BRS
Training catalogue 2016
SIMFI - Strategy, Performance and Risk Management in Microfinance Description
Objectives
A web-based interactive simulation tool that provides an evolving environment and market conditions for users to learn how to manage an MFI following good management practices. SIMFI, developed by the Stachanov IT company with ADA and ATTF's conceptual and financial support, brings back the MFI Factsheet log concept for decision-making. • • • •
Content
•
• •
•
Promoting a strategic approach to MFI management. The training scenarios require participants to make decisions in line with a given strategy. The results must prove or disprove the soundness of the decisions in the context of the strategy Providing an overview of how an MFI works Focusing on more specific aspects: risk management and/or performance indicators Fostering exchanges among the participants Overview Learning objectives Introduction to SIMFI Strategy Performance indicators Introduction to financial statements Concepts of transparency and the analysis of the performance of a quality portfolio Efficacy and productivity Financial management Profitability and sustainability Risk management Governance and the internal control environment Function of the risk manager
Target
CEOs, deputy managers, CFOs of MFIs
Duration
3-5 days
Languages
French, English
Regions
Africa, Asia, Latin America
Trainers
Habilitate trainers - SIMFI
Contact
Caroline Morilhat – c.morilhat@ada-microfinance.lu http://simfi.lu/ ATTF, Stachanov
Partners
Training catalogue 2016
Risk management workshop Description Content
Target
This module focuses on analysing the various risks that can affect the bottom line of MFIs and must be managed to boost their performance. It looks at the four key risks: liquidity risk, market risk, credit risk and operational risk. • Overview of risk management and basics • Risk department: Organisation and operations • Risk categories • Liquidity risk • Market risk • Credit risk • Operational risk senior managers - directors or deputy directors (CEOs, CFOs, credit/production managers, treasury directors, operational managers, risk directors, internal auditors)
Duration
4 days – Adaptable
Languages
French, English, Spanish
Regions
Africa, Asia, Latin America
Trainers
Habilitate trainers
Contact
Caroline Morilhat – c.morilhat@ada-microfinance.lu
Training catalogue 2016
SIMFI - Strategy, Performance and Risk Management in Microfinance Description
Objectives
A web-based interactive simulation tool that provides an evolving environment and market conditions for users to learn how to manage an MFI following good management practices. SIMFI, developed by the Stachanov IT company with ADA and ATTF's conceptual and financial support, brings back the MFI Factsheet log concept for decision-making. • • • •
Content
•
• •
•
Promoting a strategic approach to MFI management. The training scenarios require participants to make decisions in line with a given strategy. The results must prove or disprove the soundness of the decisions in the context of the strategy. Providing an overview of how an MFI works. Focusing on more specific aspects: risk management and/or performance indicators. Fostering exchanges among the participants. Overview Learning objectives Introduction to SIMFI Strategy Performance indicators Introduction to financial statements Concepts of transparency and the analysis of the performance of a quality portfolio Efficacy and productivity Financial management Profitability and sustainability Risk management Governance and the internal control environment Function of the risk manager
Target
CEOs, deputy managers, CFOs of MFIs
Duration
3-5 days
Languages
French, English
Regions
Africa, Asia, Latin America
Trainers
Habilitate trainers - SIMFI
Contact
Caroline Morilhat – c.morilhat@ada-microfinance.lu http://simfi.lu/ ATTF, Stachanov
Contact
Training catalogue 2016
MFI governance Description
Objectives
Content
The growth of microfinance institutions has gone hand-in -hand with rising complexity and an increased risk of crisis and failure. The governance of an institution is the key differentiation point between those capable of weathering a crisis and those unable to do so. Therefore, improving an MFI’s governance and strategic decision-making processes will boost the resiliency and viability of the institution. What aspects should be considered to evaluate and develop an MFI’s good governance? What are the responsibilities of the MFI’s governance bodies? What will their role be in the institution's strategic decision-making, growth follow-up and supervision, and risk management? What are the main lessons learnt by the sector in terms of MFI governance? • Review the key aspects that should be considered to evaluate and develop an MFI’s governance • Define the roles and responsibilities of governance in strategic decision-making • Discuss the lessons learnt by the sector in terms of MFI governance • Provide instructions on how to use the tool for the [self-]assessment of an MFI's governance • • • • • • •
Principles and key aspects of governance in an MFI Mission and strategic objectives, responsibilities and training of an MFI's board Management Information System (MIS) Effective control on strategy and supervision Board procedures, group dynamics and decision-making Dealing with conflict and difficult situations [Self-]assessment and development of governance in MFIs
Target
Board members, CEOs, audit and risk management department heads of MFI’s, investors, funders, networks and expert consultants in governance and risk management.
Duration
2-3 days
Languages
French, English, Spanish
Regions
Africa, Asia, Latin America
Trainers
Habilitate trainers
Contact
Caroline Morilhat – c.morilhat@ada-microfinance.lu
Training catalogue 2016
MFI transparency Objectives Content
This course for Tier III MFIs aims to help these institutions increase their transparency through good practice and the available tools. • •
The impact of transparency: why and with whom should information be shared? Transparency tools and good practices (information system, internal checks, internal audits, external audits, internal and external communication, MixMarket, ratings, price transparency, Smart Campaign certifications, regulations and the importance of third parties)
Target
The course is intended for a variety of audiences both inside and outside MFIs: • Module for MFI managers, board members, regulators, funders… • Module for operational teams
Duration
2 days
Languages
French, English
Regions
Africa, Asia
Trainers
Habilitate trainers
Contact
Caroline Morilhat – c.morilhat@ada-microfinance.lu
Training catalogue 2016
Product innovation and diversification Objectives
This course will introduce participants to the concepts of innovation and the different methodologies in diversifying products and services. The insights and practical tools presented during the course can be used to create sustainable solutions for introducing new effective financial products and services. The case studies illustrated throughout the course will focus on specific topics such as youth loans, leasing and green energy financial products.
Content
Duration
• • • • • • • • 3 days
Languages
French, English, Spanish
Regions
Africa, Asia, Latin America
Trainers
Habilitate trainers
Contact
Caroline Morilhat – c.morilhat@ada-microfinance.lu
Target
Introduce new concepts and processes for innovation Enable participants to identify patterns and opportunities in product and service development Equip participants with methodologies to design and introduce new products and services in their financial institutions Demonstrate through a variety of case studies best practices and lessons learnt when implementing new financial products and services Provide participants with a set of tools to facilitate post course product development implementation MFI’s willing to expand their portfolio and services Microfinance networks willing to help member MFIs expand their portfolio and services Development professionals
Training catalogue 2016
Analysis of financial markets for the agricultural sector Description
There is mounting evidence for the growth of agricultural markets, especially in developing countries. Many investors, including rural households and the families of smallholder farmers, demand a variety of financial services that can help them seize the business opportunities these markets have to offer. This global trend makes agriculture an increasingly attractive sector for financial institutions.
Objectives
This course offers an introduction to the principles and key criteria used in market evaluations and product design in order to help financial institutions : • Estimate demand for products specifically linked to agricultural financing • Identify good practices for designing and marketing these products structured around client needs • Identify the various strategies for risk management and product marketing • Estimate the return on investment and structural operational costs • •
Content
•
Provide principles and references to help participants to design and market agricultural financial products in a sustainable way. Illustrate the major issues in developing agricultural financial products that can affect both the public and the private sector and examining recent examples of cooperation between these two sectors Support participants in framing public interventions to facilitate access to agricultural financial products as part of a mixed range of financial services
Target
Managers of MFIs or public bodies
Duration
3 days
Languages
French
Regions
Francophone Africa
Trainers
Habilitate trainers
Contact
Caroline Morilhat – c.morilhat@ada-microfinance.lu
Partners
FAO
Training catalogue 2016
Microinsurance Workshops on Performance Indicators (KPI) • •
Objectives
•
• • • • • •
Content
•
Strengthen awareness towards performance analysis and risk management Enhance the skills and capacity of management in interpreting ratios, analysing financial trends, positioning themselves within the sector and identifying key areas of risk to mitigate Sensitize microinsurers about the importance of performance monitoring as a tool for their daily management, decision‐making and business planning process Promote transparency and exchange of experiences between participating microinsurers Financial statements for microinsurance Measuring Performance in Microinsurance: The key principles Measuring Performance in Microinsurance: The key indicators The factsheet: a user-friendly tool to compute ratios and create graphs Monitoring and Benchmarking Performance indicators
Target
Decision-makers, CFOs and CEOs minimum of 2 years’ experience in microinsurance and offer microinsurance product(s)
Duration
3 days
Languages
French, English, Spanish
Regions
Africa, Asia, Latin America
Trainers
Habilitate trainers - Microfact
Contact
Caroline Morilhat – c.morilhat@ada-microfinance.lu http://microfact.org/
Partners
BRS
Training catalogue 2016