|
TRAINING UNIT
The following courses are available
through the Microfinance Competence Center (MCC):
Select Course
| Course MF1.......FUNDAMENTALS
OF MICROFINANCE |
5 Days |
| Course MF2.......PRINCIPLES
OF ACCOUNTING FOR MFI's |
5 Days |
| Course MF3.......MICROFINANCE
DELINQUENCY MANAGEMENT |
5 Days |
| Course MF4.......MICROFINANCE
FINANCIAL MANAGEMENT |
5 Days |
| Course MF5.......INTRODUCTION
TO MANAGEMENT INFORMATION SYSTEMS FOR MFI's |
3 Days |
| Course MF6.......MICROFINANCE
MANAGEMENT SKILLS |
5 Days |
| Course MF7A.....BUSINESS
PLANNING FOR MFI's - PART 1 |
5 Day |
| Course MF7B.....BUSINESS
PLANNING FOR MFI's - PART 2 |
5 days |
| Course MF8.......MICROFINANCE
LENDING OFFICERS |
5 Days |
| Course MF9.......MICROFINANCE
PRODUCT DEVELOPMENT |
5 Days |
| Course MF10.....GOVERNANCE
FOR MFI's |
5 Days |
| Course MF11.....RISK MANAGEMENT |
5 Days |
|
Course MF12......START-UP MICROFINANCE |
5 Days |
|
Course MF13......INFORMAL CREDIT SCHEMES |
5 Days |
Pass mark
Consistent with the Institute’s standard, an assessment
of 60% is required to obtain a Pass.
Certificate in Microfinance Practice
To gain the Certificate in Microfinance Practice candidates
must have gained a pass in:
Fundamentals of Microfinance
Principles of Accounting for MFIs
Microfinance Delinquency Management
Management Information Systems for MFIs
Management for Microfinance Institutions
And either Microfinance Financial Management, Microfinance
Lending Officers or Microfinance Product Development.
Advanced Certificate in Microfinance Practice
Two additional courses were introduced in 2006
MF10 Governance for MFIs
MF11 Risk Management
To gain the Advanced Certificate in Microfinance Practice
candidates will be required to pass all 12 Modules.
Diploma in Business
The Certificate in Microfinance Practice counts 30 points
and the Advanced Certificate in Microfinance Practice counts 60 points
towards the Institute’s Diploma in Business that requires a
total of 110 points.
In-house and On-job Training and Technical
Assistance
To meet the specific needs of MFIs, the MCC will provide
in-house and on-job training and technical assistance.
Non-Certificate Courses
In addition to the courses designed for existing MFIs
there are special courses available covering:
· Starting and setting-up a Microfinance Institution
and
· Microfinance for Women’s Credit Schemes.
Contact
All matters concerning MCC services should be directed
to Gure Huk, Manager MCC.
Telephone: 322 1022 or Email: hgure@ibbm.com.pg
COURSE MF1 MICROFINANCE
FUNDAMENTALS 5 DAYS
1. Objectives
a. To achieve an understanding
of key issues of microfinance.
b. To obtain knowledge about
the importance of designing the appropriate methodology and offer suitable
products.
c. To determine minimum requirements
(benchmarks) for microfinance practitioners.
d. To provide basic knowledge
about sustainability issues and performance measurement.
2. Outcomes:
At the end of the course participants
will be able to:
· Understand and define
the key concepts of microfinance and methodologies;
· Analyse a microfinance
institution according to basic performance indicators in view of outreach
and sustainability;
· Define benchmarks
for PNG.
3. Topics
· Effective planning
within the organization
· Building effective
plans
· Developing strategic
plans
· Annual operating plans
and budgets
· Techniques of budgeting
· Reviewing budgets
· Forecasting and controlling
results
· Controlling costs
4. Duration
5 days.
5.
Fee - Exempt GST
Course Fee - K1,350.00
(Residential - K1,760.00)
A substantial subsidy may be available on these Fees through the
PNG- ADB Microfinance Project. Application for subsidy should be made
to the Microfinance Competence Centre.
Back to Listing
COURSE
MF2 PRINCIPLES OF ACCOUNTING 5 DAYS
1. Objectives
a. To understand basic accounting
principles and their application to microfinance.
b. To gain knowledge of accounting
practice particularly as they apply to microfinance accounting.
c. To review the purpose and
components of financial statements relevant to microfinance.
d. To practice recording of
accounting entries, adjustments and preparing of trial balance.
2. Outcomes:
At the end of the course participants
will be able to:
· Understand and apply
the basics in accounting;
· Record transactions
and prepare financial statements;
· Understand adjustments
and their impact on financial statements.
3. Topics
· Definition and Role
of Accounting
· Basic accounting principles
· Cash versus accrual
based accounting
· Specifics in Microfinance
accounting
· Financial statements
· Double entry accounting
· Accounting cycle
· Recording of transactions
· Adjustments (Loan
loss provision, write-off)
4. Duration
5 Days
5. Fee -
Exempt GST
Course
Fee - K1,350.00 (Residential - K1,760.00)
A substantial subsidy
may be available on these Fees through the PNG- ADB Microfinance Project.
Application for subsidy should be made to the Microfinance Competence
Centre.
Back to Listing
COURSE MF3 MICROFINANCE DELINQUENCY
MANAGEMENT 5 DAYS
1. Objectives
a. To understand the term
delinquency, its causes, costs and negative implications for the sustainability
of an MFI.
b. To understand the importance
of monitoring of the loan portfolio and the measurement of delinquency.
c. To develop incentives to
control and measures to avoid delinquencies and apply them in the PNG
context.
d. To understand the importance
of provisioning and write-off policies.
2. Outcomes:
At the end of the course participants
will be able to:
· Understand delinquency,
its causes and costs and importance of why it needs to be effectively
controlled;
· Monitor a loan portfolio;
· Develop incentives
and measures to control and avoid delinquencies;
· Have a basic understanding
of provisioning and write-off.
3. Topics
· Understand delinquencies
· Causes of delinquencies
· Cost of delinquencies
· Monitoring of loan
portfolio
· Measurement of delinquencies
· Incentives to control
and measures to avoid delinquencies
· Introduction to provision
and write-off policies
4. Duration
5 days
5. Fee -
Exempt GST
Course Fee - K1,350.00
(Residential - K1,760.00)
A substantial
subsidy may be available on these Fees through the PNG- ADB Microfinance
Project. Application for subsidy should be made to the Microfinance
Competence Centre.
Back to Listing
COURSE
MF4 - MICROFINANCE FINANCIAL MANAGEMENT 5 DAYS
1. Objectives
a. To understand the importance
of financial information for management decision making.
b. To review the purpose,
components and interrelationships between financial statements relevant
for microfinance institutions.
c. To understand the importance
of provisioning.
d. To understand and analyse
microfinance performance indicators and apply it to your institution.
2. Outcomes:
At the end of the course participants
will be able to:
· Understand the importance
of financial information and respective financial statements.
· Have a basic understanding
of microfinance specific performance indicators.
· Be able to calculate
and analyse performance indicators.
· Have a basic understanding
of provisioning and write-off.
3. Topics
· Financial information
for management decisions
· Financial statements
for microfinance institutions
· Introduction to financial
analysis
· Performance measurement
of loan portfolio
· Introduction to financial
ratios
· Analysis of financial
statements
4. Duration
5 Days
5. Fee -
Exempt GST
Course
Fee - K1,350.00 (Residential - K1,760.00)
A substantial subsidy
may be available on these Fees through the PNG- ADB Microfinance Project.
Application for subsidy should be made to the Microfinance Competence
Centre.
.
Back to Listing
COURSE
MF5 - INTRODUCTION TO MANAGEMENT INFORMATION SYSTEMS FOR MFIs- 5 DAYS
1. Objectives
a. To understand the importance
of financial information for management decision making.
b. To obtain a common
understanding about MIS, its key components and the importance to analyse
the reporting needs for various levels.
c. To gain an understanding
of the performance indicators required by the Revolving Finance Facility
of the PNG-ADB Microfinance Project.
d. To gain knowledge about
the requirements for developing and/or implementing a MIS.
2. Outcomes:
At the end of the course participants
will be able to:
· Understand the importance
of information for decision making;
· Have an understanding
about MIS, its components and respective reports;
· Understand performance
indicators required by the Revolving Finance Facility;
· Develop an action
plan for the development/upgrading of MIS in their institution.
3. Topics:
· Importance of information
for decision making
· Understanding MIS
and its basic components
· Reporting requirements
· Understanding performance
indicators
· Requirements of Revolving
Finance Facility on MIS for microfinance institutions
· Steps for development
of MIS
4. Duration
5 days
5. Fee -
Exempt GST
Course
Fee - K1,350.00 (Residential - K1,760.00)
A substantial
subsidy may be available on these Fees through the PNG- ADB Microfinance
Project. Application for subsidy should be made to the Microfinance
Competence Centre.
Back to Listing
COURSE
MF6 - MICROFINANCE MANAGEMENT SKILLS COURSE 5 DAYS 1.
Objectives
a. To be able to explain the
process of planning and setting goals.
b. To be able to identify
the strategies for effective time management and delegation.
c. To be able to demonstrate
an understanding of resolving conflicts.
d. To be able to describe
clearly problem solving techniques and rational decision making.
e. To be able to identify
the appropriate skills in motivating staff.
2. Outcomes:
At the end of the course participants
will be able to:
· Understand the best
management practices;
· Have an awareness
of management techniques in managing people and other resources;
· Develop management
skills in operating and managing an organization.
3. Topics:
· How to plan and set
goals
· Effective time management
and delegation strategies
· Identifying conflicts
and methods of resolving conflicts
· Techniques and skills
required for successful problem solving and decision-making
· Motivational theories
and the application of theory to practice
· Recommended management
practices
4. Duration
5 Days
5. Fee -
Exempt
GST
Course
Fee - K1,350.00 (Residential - K1,760.00)
A substantial subsidy may
be available on these Fees through the PNG- ADB Microfinance Project.
Application for subsidy should be made to the Microfinance Competence
Centre.
Back to Listing
COURSE MF7 - BUSINESS PLANNING
FOR MFIs Part A Strategic Planning Process 5 DAYS
1.
Objectives
a. To understand the business
planning process.
b. To be able to develop a
concise mission statement of an MFI.
c. To be able to assess the
current situation of an MFI.
d. To be able to identify
the various external factors that affect MFI operations.
e. To be able to determine
the base potential for growth and expansion of an MFI.
f.
To be able to develop major long-term business
strategies for MFIs.
2. Outcomes:
At the end of the course participants
will be able to:
· Assess the current
position of their MFI through institutional analysis;
· Identify various external
factors: threats and opportunities;
· Develop strategies
and detailed operational plans for their institutions.
3. Topics
· Overview of the business
planning process
· Institutional analysis
of an MFI -
Assessing current situation of the MFI (strengths and weaknesses)
· Environmental scanning:
looking for threats and opportunities.
· Assessing the potential
to develop and expand.
· Formulating major
long-term business strategies.
4. Duration
5 Days
5. Fee -
Exempt GST
Course
Fee - K1,350.00 (Residential - K1,760.00)
A substantial subsidy may
be available on these Fees through the PNG- ADB Microfinance Project.
Application for subsidy should be made to the Microfinance Competence
Centre.
Back to Listing
Course
MF7 BUSINESS PLANNING FOR MFIs Part B Operational Planning
1. Objectives
To review the Business Planning process;
To review coherence and consistency of long-term major business strategies
of an MFI;
To be able to develop detailed operational plans;
To be able to produce detailed financial projections;
To conduct sensitivity analysis;
To be able to produce a comprehensive Business Plan.
2. Outcomes
At the end of the course participants will be able to:
Assess the logical consistency and coherence of an MFIs business strategies;
Develop detailed operational plans for an MFI based on the chosen major
business strategies;
Produce long-term specific goals and objectives;
Produce detailed financial projections;
Produce a comprehensive Business Plan;
3. Topics
Review of the business planning processes.
Assessing consistency and logic of business strategies.
Refining major long-term business strategies.
Producing specific long-term goals and objectives.
Producing a detailed operational plan; addressing the market, capacity
needs.
Introduction to financial modeling.
Considering view points of stakeholders.
Preparing financial projections.
Sensitivity analysis.
Writing a good business plan.
4. Duration
5 Days
5. Fee
Exempt GST
Course
Fee - K1,350.00 (Residential - K1,760.00)
A substantial
subsidy may be available on these Fees through the PNG- ADB Microfinance
Project. Application for subsidy should be made to the Microfinance
Competence Centre.
Back
to Listing
Course MF8 MICROFINANCE LENDING OFFICERS
1. Objective
To provide participants with essential knowledge for making sound microfinance
lending decisions
2. Outcomes
At the end of the course participants will be able to:
Understand microfinance business needs;
Describe and apply the basic lending methodology and procedures required
in lending;
Explain lending requirements within established guidelines;
Apply the process of credit assessment using normal institutional standards;
Define, interpret and analyse financial information of micro business;
Understand interest settings of microfinance;
3. Topics
Business needs in Financing, Managing and Operations;
Understanding Lending;
Types of Clients;
Principles and methodology of good lending practice;
Understanding types of loan products;
The lending process and procedure;
Types of securities and alternatives;
Lending Interviews, Loan Applications and Assessments;
Financial assessment of micro business;
Interest Rate Setting and Calculation;
Case Studies.
4. Duration 5 Days
5. Fee
Exempt GST
Course
Fee - K1,350.00 (Residential - K1,760.00)
A substantial
subsidy may be available on these Fees through the PNG- ADB Microfinance
Project. Application for subsidy should be made to the Microfinance
Competence Centre.
Back to Listing
Course MF9 MICROFINANCE
PRODUCT DEVELOPMENT
1. Objectives
Provide participants
with the tools and knowledge to design demand driven financial products,
to cost them and to price them competitively.
2. Outcomes:
At the end of the course participants will be able to:
Understand and apply a systematic product development process which
consists of institutional analysis, market research, product design, pilot
testing and roll out.
Use Participatory Research Analysis (PRA) tools for market research.
Cost financial products using allocation-costing method and activity-based
costing method.
Effectively price financial products.
3. Topics
The rational for
product development.
The systematic product development process.
Market research and Market research methods.
PRA toolkit.
Analysis of research findings.
Designing a product prototype.
Allocation based costing.
Activity based costing (ABC)
Pricing of products.
Pilot testing.
Products roll out. (Commercialisation process)
4. Duration
5 days
5. Fee- Exempt
GST
Course
Fee - K1,350.00 (Residential - K1,760.00)
A substantial subsidy
may be available on these fees through the PNG-ADB Microfinance Project.
Application for subsidy should be made to the Microfinance Competence
Centre.
Back
to Listing
Course MF10
MICROFINANCE CORPORATE GOVERNANCE
1.
Objectives
To
ensure that Directors/Board Members and Executive Management of Microfinance
Institutions have a clear understanding of their joint and individual
responsibilities and adequate knowledge of relevant legislation, regulations
and financial reports to be able to provide effective governance of
their organisation.
2.
Outcomes:
At the end of the course participants will understand:
the various legal structures that an MFI may adopt and have an appreciation
of the legislation controlling each structure;
the legislation that applies to MFIs under the Banks and Financial
Institution Act and/or the Savings and Loans Act;
other legislation that essentially impacts upon corporate governance;
the roles and responsibilities of Directors and Board members and
how these correspond and complement those of Executive Management;
the importance of ensuring that the composition of a Board must provide
optimum balance of knowledge and experience;
the process and techniques of effective Board practice;
the role of the Board in Business Planning, setting objectives and
key performance indicators.
3.
Topics
Legal Structure Company, Incorporated Association; Incorporated
Business Group, Incorporated Land Group.
Financial Institutions Legislation BFI Act; Savings and Loans Act.
Directors roles and responsibilities.
Effective Board practice.
Special Characteristics of MFI Governance.
Business Legislation Taxation, Employment, Insurance.
Business Planning.
Key performance indicators, The Balanced Scorecard
4.
Duration 5 days
5.
Fee- Exempt GST
Course
Fee - K1,350.00 (Residential - K1,760.00)
A
substantial subsidy may be available on these fees through the PNG-ADB
Microfinance Project. Application for subsidy should be made to the
Microfinance Competence Centre.
Back
to Listing
Course
MF11 MICROFINANCE RISK MANAGEMENT
1.
Objectives
To
ensure that Directors, CEOs and Managers are aware of the many aspects
of risk that they must consider and to provide options as to how they
may be addressed and controlled.
2.
Outcomes:
At the end of the course, participants will:
Have a sound appreciation of the range of financial and operational
risks that a business must address;
Be Be able to identify and measure risks;
Be able to develop risk strategies in terms of avoidance, mitigation
or acceptance;
Appreciate the need for a structured approach to audit, control and
risk management.
3.
Topics
The importance of pro-active risk management
The dimensions and measurement of risk
Determining overall strategy avoidance, mitigation or acceptance
Some tools and techniques to support decision making and risk management
The resources approach to risk assessment
Audit, control and risk management
4.
Duration 5 days
5.
Fee- Exempt GST
Course
Fee - K1,350.00 (Residential - K1,760.00)
A
substantial subsidy may be available on these fees through the PNG-ADB
Microfinance Project. Application for subsidy should be made to the
Microfinance Competence Centre.
Back
to Listing
Course
MF 12 START-UP FOR MICROFINANCE
1. Objectives:
Provide participants with essential knowledge and skills on How to start
their own MFI.
2. Outcomes:
At
the end of the course participants will be able to:
Understand the start-up challenges framework
a MFI
Learn about tips/tools for setting-up a MFI
Prepare a draft structure for an MFI
3. Topics:
Why and How Microfinance
Start-Up Challenges Framework
Target Group
Environment Challenges
Savings Services and Linkage
Lending Methodology & Loan process
Adaptation of Methodology
Legal Forms
Organisational Structure/Governance
Human Resource Management
Efficiency & Viability Aspects
4.
Duration: 5 days
5.
Fee Exempt GST
Course
Fee - K1,350.00 (Residential - K1,760.00)
A
substantial subsidy maybe available on these fees through the
PNG-ADB Microfinance Project. Application for subsidy should be made
to the Microfinance Competence Centre.
Back
to Listing
Course MF13 INFORMAL CREDIT SCHEMES
1.
Objectives:
Provide participants the understanding about the Why and How small credit
schemes are formed.
2.
Out comes:
At the end of the course participants will be able to:
.Have
an understanding what to think of first when starting a small informal
scheme.
.Have a basic understanding of why informal schemes are set-up.
. Have an understanding about the importance of record-keeping.
.Have an understanding of what savings is, what roles it plays and its
significance.
.Have an understanding about what credit is, including product features
and whole credit cycle.
3. Topics:
.Purpose of Informal Credit Scheme
.Definition of Microfinance
. Getting Started
. Group Formation
. Responsibilities
.Rules & Regulations
. Savings & Types of Savings
. Collection and Safe keeping
. Credit and Loan
. Selection/Screening
. Getting ready to Lend
. Repayment/Collection
4.
Duration: 5 days
5.
Fee Exempt GST
Course
Fee - K1,350.00 (Residential - K1,760.00)
A
substantial subsidy maybe available on these fees through the PNG-ADB
Microfinance project. Application for subsidy should be made to the
Microfinance Competence Centre.
Back to Listing
|