SIMFI interactive Training Course

Strategy, Performance & Risk Management in Microfinance


SIMFI is an interactive simulation tool which learns how to lead an MFI according to good management practices. The user can visualize the direct consequences of the decisions he has taken based on virtually changing environment and market conditions.


What's the objective of the training?

  • Promoting a strategic approach to the management of an MFI. The training scenarios involve decisions of registered participants in a policy. The results should confirm or deny the accuracy of decisions in relation to this strategy.
  • Giving an overview of the functioning of an MFI.
  • Focus attention on more specific issues: risk management and/or performance indicators.
  • Create a dynamic exchange between participants.

Who should attend?

  • Executive directors, deputy or financial directors of small and medium-sized Microfinance Institutions, known as Tier 3 and Tier 2 Microfinance Institutions. The Institutions should have a credit loan portfolio between €500.000 and €10M euro.
  • Financial Supervisors of the Microfinance sector
  • Bankers with MFI activities or having MFIs as clients

What's the content of the training?

The various topics covered during the training are:

  • Strategy
  • Performance indicators
    • Introduction to financial statements;
    • Concepts of transparency and performance analysis of a quality portfolio;
    • Efficiency and productivity;
    • Financial management;
    • Profitability and sustainability.
  • Risk management
    • Governance and internal control environment; 
    • The function of risk manager.

The programme will cover theoretical modules which will then be put into practice through the use of the web-based simulation programme SIMFI. Different teams will take decisions and compete against each other, as well as against other virtual MFIs in the same mar­ket, all aiming to be viable, profitable, and sustainable institutions.

Experts

  • Ligia Castro-Monge, Independent Microfinance and Risk Management Expert, Coach in the project
  • Paul Surreaux, Analyst, ADA

Agenda

The training takes place from Monday, November 7 to Thursday November 10, 2016.

  • Arrival on Sunday, November 6
  • Departure on Friday, November 11

Financial conditions

The Luxembourg Ministry of Finance co-finances the experts & management fees, accommodation (5 nights and breakfasts from November 6 to 10, 2016), lunches on seminar days as well as the city visit.

The participant will contribute 500 € VAT incl. to the above mentioned fees and a contribution of 30 € (VAT excluded) for a mandatory travel insurance valid in the Schengen area. The latter also pays for the travel costs and personal expenses (phone bills, mini-bar, dinners, transfer from/to the airport…). 


Chambre de Commerce Luxembourg

Training location

Training Center of the Chambre de Commerce
7, rue Alcide de Gasperi
L-1651 Luxembourg-Kirchberg
Tel.: +352 42 39 39 1
www.cc.lu - Google Map


Accommodation

Hotel D’Coque (centre sportif)
2, rue Léon Hengen
L-1745 Luxembourg-Kirchberg
Tel: (352) 43 60 60 – 306 / Fax: (352) 42 33 15
www.coque.lu


How to register for the training?

Number of seats is limited to 15 participants.
 

Download the application form


Applications will be confirmed after the selection process.

The full payment of the contribution fee must be sent after the acceptance and received at the latest by the 17th October 2016.

General conditions of cancellation:

  1. Possible before the 17th October 2016: 100% reimbursement
  2. In case of cancellation after the 17th October 2016: the invoice remains due.

Payments by bank transfer to the House of Training account (without any transfer fees for House of Training) at:

Banque et Caisse d’Epargne de l’Etat, Luxembourg
IBAN CODE: LU39 0019 2855 2609 4000
BIC CODE: BCEELULL

Partners

HoT – ATTF (Project leader) - www.houseoftraining.luwww.attf.lu

ADA - www.ada-microfinance.org

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