Digital Finance for Microfinance Institutions
Microfinance institutions (MFIs) are increasingly facing pressure to go digital. The benefits are numerous, as DFS has the power to lower operational costs and increase outreach and efficiency. However, digital finance is extremely complex and the operational challenges can quickly overwhelm institutions. This course takes MFIs through the process of selecting the right strategic option for introducing DFS to their operations and highlights the key issues in the implementation process.
Course at a glance:
This course allows participants to understand the benefits of going digital as well as the four strategic options available for MFIs. It walks participants through the implementation steps of each of the options, and identifies the inherent risks and ways of mitigating them.
Topics to be Covered:
- Strategic Options for MFIs
- Product Innovation and Design
- Technology Implementation
- Distribution Strategy
- Partnership Strategy
- Cost Stuctures & Revenue Streams
- DFS Risks & Fraud
- Pilot Testing and Rollout
Testimonials from Past Participants:
I love the training structure and learning style, fully engaging and intense yet fun and exciting. It’s hard to drift, great examples and class work with full participation, the faculty is loaded with first class knowledge and valuable experience. They are patient and take time to understand before offering solutions. Jero Omare, Fortis Mobile Money – Nigeria
I thank the Helix Institute for their outstanding practical training on "Digital Finance ". This has helped me to understand that really we can achieve financial inclusion using DFS. Alexis Niwenshuti, Letshego-Rwanda
The course was inspiring, informative, relevant and practical. Moreover, the faculty members were knowledgeable and professional and for that reason I will definitely recommend this course to others. Abddul-kheir Jama - Amal Bank - Somaliland
Who Should Attend?
This course is ideal for CEOs, heads of channels and other heads of departments involved in high-level business strategy from MFIs, savings and credit co-operatives (SACCOs), credit unions and small sized banks who are either considering deploying or have already deployed digital financial services.
We recommend 2-3 participants attend from each organisation as experience has shown that teamwork greatly improves dissemination of learnings back to the institution.