The challenge is to design financial products that meet the needs of low-income populations while ensuring the sustainability of financial providers. Government loans for the poor often meet with high default rates, while insurance products encounter very low take-up. An estimated 2 billion working-age adults globally have no access to the types of formal financial services delivered by regulated financial institutions.
For example, in Sub-Saharan Africa, only 24% of adults have a bank account even though Africa’s formal financial sector has grown in recent years. It is argued that as banking services are in the nature of a public good, the availability of banking and payment services to the entire population without discrimination is a key objective of financial inclusion.
This one-week executive training is designed to enhance the collective capabilities of institutions by building individual knowledge and skills to achieve strategic goals. The program will allow microfinance managers, consultants, and trainers to develop the theoretical and practical skills necessary to improve the performance of their organisation.
- Changing face of microfinance and road to financial inclusion
- Designing a financial inclusion strategy
- Social performance management and microfinance
- Poverty lending viability
- Commercial Bank downscaling
- Microcredit methodologies
- Strategy and management
- Risk Management perspectives
- Digital finance
- Data Analysis