1 / 8

THE ROLE OF NETWORKS IN MICROFINANCE

THE ROLE OF NETWORKS IN MICROFINANCE. PRESENTED AT AN AFRACA CONFERENCE AT NAIROBI SAFARI CLUB ON THURSDAY 28 TH SEPTEMBER 2006 BY DAVID KITUSA NZIOKA AMFI KENYA. WHO IS AMFI?. Member Association Formed in 1999 Current Membership 32 institutions

vlora
Télécharger la présentation

THE ROLE OF NETWORKS IN MICROFINANCE

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. THE ROLE OF NETWORKS IN MICROFINANCE PRESENTED AT AN AFRACA CONFERENCE AT NAIROBI SAFARI CLUB ON THURSDAY 28TH SEPTEMBER 2006 BY DAVID KITUSA NZIOKA AMFI KENYA Association of Microfinance Institutions of Kenya

  2. WHO IS AMFI? • Member Association • Formed in 1999 • Current Membership 32 institutions • Active savers = 2million Clients • Active borrowers = 530,000 clients • Loan portfolio =16B • Disbursement = 16.5 B Association of Microfinance Institutions of Kenya

  3. DIVERSITY OF MEMBERSHIP • Commercial Banks =3 • Wholesale Lenders =2 • Retail MFIs =23 • Insurance Companies =1 • Development Institutions =2 • Post Bank (Kenya Post Office Savings Bank Act) =1 • Total =32 Association of Microfinance Institutions of Kenya

  4. KEY OBJECTIVES • Advocacy and Lobbying • Membership and Regulation • Research and Events • Mentorship • Sustainability Association of Microfinance Institutions of Kenya

  5. EMERGING ROLES • Reference point for Microfinance issues • Self Regulation • Performance monitoring • Consumer protection code of practice • Conflict management/Arbitration • Client vs MFI • MFI vs Investor Association of Microfinance Institutions of Kenya

  6. CHALLENGES • Sustainability • Legislative framework (We can’t enforce best practice) • Institutional culture on information sharing • Competing Networks • Heterogeneous industry • Stages of Development Association of Microfinance Institutions of Kenya

  7. CONCLUSION AND WAY FORWARD • As the Industry grows new challenges will always come up • Networks need to:- • Be flexible and respond to market dynamics, • Scan the environment and • Listen to what the “clients” are saying. Association of Microfinance Institutions of Kenya

  8. THANK YOU Association of Microfinance Institutions of Kenya

More Related