WWB to guide MFI Monetary Administration course at Boulder Convention in Colombia

Girls’s World Banking Community Engagement Supervisor Rebecca Ruf will educate a course on “Monetary Administration for MFIs” at this 12 months’s Microfinance Coaching Program in Colombia. The six-year-old capability constructing program hosted by the Boulder Institute of Microfinance on March 5-16^th, 2012 brings collectively leaders of Latin American microfinance establishments (MFIs) to evaluation finest practices for the trade.

The monetary administration course will supply pointers on easy methods to construct a robust monetary threat construction primarily based on toolkits developed by WWB with the help of Citi, CAF, and AECID in Monetary Threat Administration, and Money Administration and Liquidity. The course combines idea and sensible workouts and group discussions. The final day shall be a simulation of an ALCO Committee, the place members current their monetary dangers to the category.

Monetary threat administration is important for MFIs, given their nature as monetary establishments. Liquidity issues might jeopardize the viability of MFIs, particularly for establishments that take deposits. Moreover, as MFIs change into deposit-taking establishments, they’re topic to extra rigorous regulatory necessities and should guarantee they’ve the suitable monetary and liquidity frameworks in place.  Entry to extra refined funding sources together with business funding, capital markets, new financial savings merchandise, and others requires that MFIs adapt formal institutional constructions, insurance policies, procedures and reviews to handle their monetary dangers and shield their core enterprise.  WWB understands the trade’s rising sophistication and helps establishments with the event of monetary optimization toolkits to make sure that administration has the sensible instruments and fashions obtainable.  WWB has been a pioneer within the trade within the space of monetary threat administration, creating the primary Monetary Threat Administration Toolkit, with the help of Citi, in 2005 and has educated greater than 336 practitioners, representing 126 MFIs from 57 nations.