During this three to four-day course, participants learn to determine causes and costs of delinquency, to measure and control arrears, to calculate the costs of credit for clients, among other skills, through exercises, group activities and case study analysis.
The Resource Guide is a companion piece to Appraisal Guide for Microfinance Institutions. The Appraisal Format consists of detailed instructions and Excel spreadsheets to guide an experienced microfinance analyst through a qualitative, institutional evaluation of a relatively mature MFI.
Once considered a failing activity within its rural and agriculture operations, microfinance at AFD has become an integral focus area within the financial sector development program, supported by a strong team of technical experts.
Microfinance is experiencing an unprecedented investment boom. The past five years have seen remarkable increases in the volume of global microfinance investments. Between 2004 and 2006, the stock of foreign capital investment—covering both debt and equity—more than tripled to US$4 billion.
Many microfinance institutions (MFIs) in developing and transition economies have received foreign funding, especially the larger MFIs. Most of that funding has consisted of grants or highly subsidized loans from donor agencies, including such bilateral donors as Agence Française de Développement or the US Agency for International Development, and multilateral agencies such as the United Nations Development Programme or the World Bank.