microfact.org is an online platform which aims to strengthen the performances of Microfinance and Microinsurance Institutions through the use of tools (Microfinance Tools and Microinsurance Tools) and workshops (Microfinance Workshops and Microinsurance Workshops).

News

25/10/2016 10:45

Register now for the expert forum - Champions in Microinsurance: How to improve performance?

November 9, 2016, 2-3pm CEST

Register here!

The microinsurance landscape studies give us for the first time a representative in depth view of the state of the microinsurance sector. Insight from these studies enable microinsurance practitioners to position themselves against their peers and to use this information to improve their own performance. However, it is not enough for insurers working in the low-income space to compare against a product average, if the average is not yet where it should be.

In this Expert Forum we launch our new Champions in Microinsurance Initiative where we speak with organisations who have been able to excel in one or more performance areas, and uncover what strategies and processes are driving their success. We also find out what challenges and trade-offs they had to consider and what aspirational goals they are setting for themselves going forward.

Speakers
•Geric Laude, President and CEO at CARD Pioneer Microinsurance Inc., Philippines on growth and promptness of claims settlement
•Agnes Chakonta, Managing Director, Madison Life insurance, Zambia on claims ratios

Moderator
•Bert Opdebeeck, Microinsurance Programme Coordinator at BRS, and co-founder of MicroFact, an initiative that aims to promote standardise performance monitoring in microinsurance and microfinance.

05/07/2016 16:48

Factsheet BCEAO : a version of the MFI Factsheet, developed for the BCEAO countries

The Factsheet BCEAO is a version of the MFI Factsheet 4.1, developed on the MFI sector request from the BCEAO countries. Factsheet BCEAO beside the 7 visible and a number of hidden sheets which are known from the MFI Factsheet, has been enriched with 4 fully BCEAO dedicated sheets. In one click you can import all financial data into the format required by BCEAO!

All sheets together provide an easy to use tool for monitoring the financial and social performance of an MFI, consisting of tables and graphs.

Following are the 11 visible sheets in the Factsheet BCEAO:

  1. Identification sheet
  2. Balance Sheet
  3. Profit & Loss
  4. Extras
  5. Performance Indicators
  6. Financial Graphs
  7. Social Graphs
  8. Data BCEAO
  9. BCEAO Prudential ratios
  10. BCEAO Financial indicators
  11. BCEAO Other indicators

 

Download here Factsheet BCEAO – a version of the MFI Factsheet 4.1 which has been developed for the BCEAO countries !

19/04/2016 12:02

Today 19/04/2016 we release updated version of our MFI Factsheet!

We are pleased to present an updated version of the MFI Factsheet 4.1.

  • Compare your MFI with the country peers through an automatic import of the MIX data
  • Follow up on your voluntary savings
  • Check the consistency of your data in one click! 

 

Download today a new version which is more performant and user friendly: click here

More information   Version history

 

Following the changes in the MFI Factsheet, Microfact is also updating its another tool: MFI Factsheets Compiler. It serves to import, store and organize MFI Factsheets in order to generate financial reports in a practical way. Updated version of the MFI Factsheets Compiler will be released NEXT WEEK.

11/04/2016 08:47

Release updated tools for Microfinance !

Keep an eye on our website, as on 19th of April we release updated tools for Microfinance!

25/01/2016 12:59

Integration between the SPI-4 and the MFI Factsheet

More simplified use of social indicators

Through the collaboration between ADA, BRS and CERISE, measurement tools of social indicators from the MFI Factsheet can now be automatically integrated into the SPI-4. The new interface simplifies the use of these two tools.

The MFI Factsheet, based on data coming from the financial statements of the institution, calculates the evolution of key performance indicators and presents the results in graphical form. This financial and social performance monitoring tool has been developed to allow rapid and easy usage of it.

Furthermore, the SPI-4 is a tool for evaluating social performance for microfinance institutions. It helps them assess their stage of implementation of universal standards of social performance management that include the principles of protection of clients of the Smart Campaign. SPI-4 also offers users the possibility of an analysis under a specific mission angle - green microfinance, poverty level, rural or urban origin, gender - to assess their practices through optional indicators that reflect the most recent industry reflections in these areas.

Thanks to this new functionality, microfinance institutions, social investors, networks and other institutions already using MFI Factsheet can easily and quickly integrate social indicators of the MFI Factsheet in the SPI-4.

More information on the Cerise website 

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Microfact Muntstraat 1
3000 Leuven
Belgium

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