Course objective:
The course walks through efficient and effective monitoring process and the essential documentation and record keeping of a microfinance program.
The course will cover the elements of monitoring and documentation planning process.
Course audience:
Management and officers of micro-finance institutions, finance managers and credit officers.
Course Contents:
- Monitoring of Microfinance Program:
- Importance of credit discipline
- Preparation of credit resolution by Groups
- Credit case preparation
- Credit Approval and disbursement
- Record keeping for credit disbursement
- Preparation of repayment schedule
- Record keeping for credit recovery
- Daily Collection and Recovery sheet
- Daily cash in hand statement
- Credit progress reporting
- Computerized credit tracking system
- Credit Passbook maintenance by Field Officers
- Credit ledger registers maintenance.
- Documentation of Microfinance Programs:
- Inquiries register
- Members register
- Guarantors Register
- Consolidated register
- Disbursement register
- Banking register
- Passbook register
- Loan application forms
- Loans and savings ledger
- Loan appraisal form
- Loan agreement form
- Loans and savings ledger
- Lien on savings account
- Loan documentation checklist
- Return on loan disbursement
- Defaulters Watch list
- List of bad debtors
