Microfinance Centre for C&EE and the NIS

Update

1 September  – 30 November 2001

TRAINING COURSES

Since the beginning of 2001 more than 330 MFI staff have been trained by the MFC.

In September, October and November the MFC has offered 8 training programs to 180 MFI management and staff, coming from 20 different countries in the CEE and the NIS region!

The courses delivered included:

On Sept. 3- 8, the training was organized in St. Petersburg, Russia as an in-house course for the directors and managers of FORA Fund and its hubs.

"Financial Analysis for MFIs," Russian language

On Sept. 12-16 the training was organized in Kiev, Ukraine for 27 representatives of Ukrainian credit unions.  The course was coordinated and funded by DAI/BIZPRO.

"Financial Management for MFIs," Russian language

“Delinquency Management and Interest Rates Setting," Russian language

The course was organized on Sept. 24-28, 2001 in Almaty for 18 participants from 5 countries. The Eurasia Foundation financially supported the participation of some small NGOs from Kazakhstan and Kyrgyzstan.

“Financial Analysis for MFIs," English language

On Sept. 24-28 the training in English language was organized in Dubrovnik, Croatia. The participants, 26 practitioners arrived chiefly from the Balkan countries.

Training for Loan Officers”, Russian language

The training for loan officers of Mercy Corps International Kyrgyzstan took place on October 1-12 in Bishkek. It consisted of two separate modules – for loan officers of individual lending and for group lending.

“Business Planning and Financial Modeling”, English language

On October 22-27 in Krakow, Poland the training on business planning and the use of MICROFIN model took place for 20 MFI practitioners.

“Delinquency Management and Interest Rates Setting”, Russian language

This training course was delivered on Oct 29 – Nov 2 in Tbilisi, Georgia. The participants – 23 persons – were coming mainly from Georgia, Armenia and Azerbaijan.

“Training for Loan Officers”, Russian language

The MFC has developed and pilot tested an innovative training course for microfinance managers.  The course was created to help MFIs in determining and developing the best ways to program improvement and innovation using impact assessment or market research tools.The pilot delivery took place from 10 to 12 October in Krakow, Poland. It was highly evaluated by participants and reviewing experts. The first open delivery will take place in May 2002. 

On November 12-16, the training was delivered in Saratov, Russia, for loan officers of FORA and its hubs in Russia.                         

Please contact Justyna Pytkowska for specific information on the 2002 training agenda, and any feedback on training courses. See also the MFC web page www.mfc.org.pl  for further updates of the training schedule.

RESEARCH

Introduction to Client Assessment for Microfinance Practitioners

Contact person: Kasia Pawlak [email protected].

Here are some testimonials of the participants:

“I've learned a lot about qualitative tools - I understand more about the differences between Impact Assessment and Market Research”

“I have a feeling that I could start with implementation of Impact Assessment  and Market Research in my organization, after reviewing all materials”

“I learned a lot about the process of implementing various tools”

ImpAct Project

The Imp-Act Project is a three-year worldwide action-research programme designed to improve the quality of microfinance services and their impact on poverty through strengthening the development of impact assessment systems. In the CEE and the NIS, it is implemented by 7 regional MFIs and coordinated by the MFC. The project carries out the research in four areas (for detailed description of the project visit: http://www.mfc.org.pl/impact.php4).

q       systems and processes,

q       wider impacts,

q       impact on reconstruction and networking

On 13 October, the impact team as well as the representatives of the ImpAct UK coordinating universities met in Krakow to discuss next steps for the project. It was agreed that the first round of data collection would have been conducted by April next year. To monitor the project progress, follow the information at the website above or contact Kasia at [email protected]

Regional Mapping and Access to Financing Study

The MFC has started Phase One of the Regional Mapping Study of Microfinance Institutions in the region. The objectives of this study are to deepen the understanding of the microfinance industry in the CEE/NIS region, to explore whether access to financing is a constraint to microfinance development and to facilitate exchange of market information and help develop partnerships among donors, investors and MFIs.

The MFI questionnaire has been distributed to 250 MFIs. Please respond to this important questionnaire no later than December 10.   

By completing this questionnaire the MFIs will have the opportunity to voice concerns over the constraints to development and growth.  Understanding these constraints can help inform policy makers and funders of the support measures needed to help microfinance grow.

The MFC will use the results of this study to raise the profile of microfinance in the region among policymakers and funders. 

The final report will be shared with all participating MFIs - it will provide with useful insights and knowledge about the experience of microfinance throughout the region and possibly a basis for regional action on certain issues.  The study will also present how the sector is performing on average across sub-regions and institutional types.

If you have not received the questionnaire or require more details on how to complete it please contact Justyna Pytkowska [email protected]. The Questionnaire can also be downloaded from the MFC web page www.mfc.org.pl.

Market Research

MFC has launched a survey among its Members and other microfinance practitioners in the region to assess the needs for MFC services and the expectations regarding the MFC role as a network.

If you wish to send your opinion about the past and future activities of the MFC please contact Ewa Pawlak [email protected] or download the survey from MFC web page www.mfc.org.pl

Web Page

Please visit the new MFC web page, providing up-to-date information about the activities of the Microfinance Centre

POLICY

Policy mission has been carried out in Armenia. The goal of the mission was to assess different draft pieces of legislation related to microfinance activities.  The mission was sponsored by the Save the Children Fund. Please contact Grzegorz Galusek for more details.

MFC has engaged in creation of a one-day policy awareness module for public officials.  The module will focus on policy reasons to support microfinance development in their countries.

For a big variety of resource materials and presentations from the First Microfinance Policy Forum, which took place in June 2001 in Krakow, please enter the MFC web page.

UPCOMING EVENTS

In-house training courses:

·         “Delinquency Management and Interest Rates Setting” for DAI/BIZPRO Ukraine, 4-7 December 2001

·         “Training for Loan Officers” for Moldovan Microfinance Alliance, 17-21 December 20

Market Research Toolkit Testing

Third pilot test in Bosnia, December 2001

MFC has been carrying out the MicroSave Market Research Toolkit testing in the region since May 2001. So far two pilot tests have been conducted in Poland and Croatia. For more information see http://www.mfc.org.pl/marketresearch.php4 or contact Kasia at [email protected].