Microfinance

Market Assessment

Microfinance market assessments precede the product design phase and shed important light on: the nature of existing financial ser­vices, potential demand for finan­cial products, the market size, and the repayment capacity of poten­tial clientele.

Product Design

Designing a microfi­nance product properly from the outset may be the most critical step in the startup of a microfinance institution (MFI). DIG experts provide tailored training and advisory services in the areas of business planning, product design and pricing, operational method­ologies, and monitoring and evaluation

Systems & Tools Development

Establishing proper systems and proce­dures is the next step towards ensuring the successful execution and sustain­ability of a microfinance operation. DIG works with MFIs, commercial banks and NGOs to develop the full array of institutional systems and man­agement tools, from loan applications and approval systems to operating manuals, employee incentive schemes, and management information system (MIS) requirements design.

Training for MFIs, NGOs & Banks

One of the greatest obstacles to main­streaming microfinance is the lack of adequate human capital. DIG helps MFIs, NGOs and commercial banks equip their managers, supervi­sors and field staff with the skills neces­sary to manage the myriad of challenges associated with running an efficient microfinance operation.

Supporting Regulators & Policy Makers

To a great extent, an economy’s regulatory framework determines the degree of access the poor have to finance. Therefore, in addition to providing institutional support for ensuring compliance with international best practice regulations, DIG actively researches and proposes pro-poor financial policies.

Linking Microfinance to Banks

DIG helps banks structure, train, and operationalize microfinance divi­sions. DIG also links commercial banks with MFIs through comprehen­sive servicing arrangements.

Youth Entrepreneurship

DIG helps create successful young entrepreneurs through innovative youth-focused microfinance and income generation programs. Through access to entrepreneurship training and credit, DIG provides youth with the resources and skills needed to start micro-enterprises and small businesses. Building these sustainable, demand-driven businesses is key to fostering economic growth and job creation.