In this video, Robert Dressen, Vice President, Economics, Business and Finance, DAI, begins with the importance of credit administration and credit control. He goes on to explain the difference between credit administration and credit control. Robert further talks about the principle functions of credit administration such as Reporting and Record keeping, Monitoring the portfolio and […]
In this video series-2, Mark Schreiner, Director, Microfinance Risk Management, talks in detail how credit scoring system works. In rich countries, lenders often rely on credit scoring— formula to predict risk based on the performance of past loans with characteristics similar to current loans—to inform decisions. Can credit scoring do the same for microfinance lenders […]
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 […]
In this video, Gautam Ivatury, Microfinance Specialist, Manager – Technology Program, CGAP, talks about the importance and implementation of Management Information System (MIS) in MFIs. Gautam also stresses upon the importance of involving people in the development process of MIS. He further talks about making the MIS adaptive to the future needs of the MFIs.
Individual Lending(IL): Biashara Imara (Flagship microfinance product of Equity Bank Kenya)
In this video, Mark Pickens, Microfinance Analyst, CGAP, describes the characteristics and features of Biashara Imara, the individual loan product of Equity Bank Kenya. Biashara Imara means “strong, solid business.” He also describes the profile of clients that Biashara Imara is designed to target at. Elaborating the client base of Biashara Imara, Elizabeth Wambui Gathai […]