Microfinance in a Dynamic Market: Financiera CREAR Peru Part 1
In this video series-1 Marcos Corrales, manager of Financiera CREAR’s Lima regional branch (Peru), talks about the success factors that contributed to the strong growth and performance of their lending activities. Peru is one of the most dynamic microfinance markets in the world. Marcos, who heads seven branches, tells that they started as an NGO […]
In this note, Microfinance is all about managing operations and risk, and therefore requires an efficient monitoring system. IT-based MIS is can therefore significantly enhance the capability of internal auditors.
In this video, Martin Holtmann, Head of the Microfinance Unit in the IFC’s Global Financial Markets Department, discusses the kind of risks MFIs face. Elaborating on the risk factor, Martin says liquidity risk and interest rate risk is low for MFIs that are only into lending business. He further explains the risks that are important […]
In this video series-1, Mark Schreiner, Director, Microfinance Risk Management, discusses Credit Scoring System for microfinance industry. Mark says that credit scoring system works best for large lending organisation that have large amount of data, have decent MIS in place and where the management is ready for change. Basing his argument on this parameter, Mark […]