DIGITAL COURSE ON PERFORMANCE EVALUATION OF MFIs

This workshop is primarily intended for (financial) decision makers of Microfinance Institutions, such as financial and general managers. However, it can be followed by anyone interested in knowing how to evaluate the performance of an MFI (familiarity with basic accounting and microfinance principles is recommended).

To guarantee a successful completion of the training, Microfact recommends to:

  • Dedicate around 5 hours per week for the training.
  • Have basic digital skills.
  • Have access to a good internet connection.
  • Have access to a tablet or laptop/computer (following the training on the smartphones is not possible).
  • Be fluent in one of the course languages: English, French or Spanish.

Objectives

The general objective of the digital course is to give participants a better insight in the actual financial and social situation of their own institution and their position in the market of microfinance.

At the end of the training, the participants will be able to:

  • Understand what the MFI Factsheet is and the advantages of this tool.
  • Fill the MFI Factsheet properly and interpret its results (Financial and Social Performance).
  • Know the existence, definitions and interdependence of commonly used and accepted key performance indicators in the microfinance industry.
  • Analyze the financial trends, position themselves within the industry (benchmarks) and identify key areas of risk to mitigate.
  • Know the importance of performance monitoring as a tool for a daily management, decision‐making and business planning process.
  • Know the benefits of transparency and performance assessments (ratings), namely to secure external sources of funding.

Course structure and methodology

  • The course is hosted on an e-learning platform and accessible through the following link: https://microfact.lmsdokeos.com/

    The course is composed of 2 parts:

    Part 1: Get to know the MFI Factsheet

    Duration: 4 weeks

    Level of effort: 5 hours/week maximum

    Activities:

    • Video tutorials and quizzes to learn how to fill in the MFI Factsheet.
    • Assignment: fill in your institution's MFI Factsheet with the assistance of a Microfact Certified Trainer. Participants who are not employees of an MFI, will be given a similar case study assignment.

    Part 2: Let your figures talk!

    Duration: 4 weeks

    Level of effort: 5 hours/week maximum

    Activities:

    • Interactive lessons to learn the main key performance indicators of the 5-family ratio's: Portfolio quality, Efficiency and productivity, Profitability and sustainability, Financial management and Social performance.
    • Practical exercises to consolidate and test the knowledge acquired.
    • Assignment: Case study.
    • Final evaluation test.

    At the end of PART 2, participants will receive a certificate of participation mentioning the score obtained.

Trainers

A Certified Microfact Trainer will be available all along the course to reply to all the participants' questions. 

Subscriptions and fees

Subscription fees: EUR 180

Each participant can order the course via the Microfact WEBSHOP.

Payments methods: Paypal or bank transfer.

When payment is received, Microfact will enroll participants to the e-learning platform and send a confirmation email.

Payments made via bank transfer require a few days to be validated. Please, make sure you register at least one week before the closing date.

Buying the training for someone else

If you purchase the training for someone else, please indicate the participant's name, family name and email address in the additional information box that appears before completing the payment.

Special offer for groups

For organizations willing to register 4 persons or more, please contact Microfact Coordinators for a customized offer. 

More information

Contact: Microfact Coordinators at microfact@brs.coop