MFIs operate in a dynamic environment. In order to provide sustainable services to their clients, it is important for them to be able to identify, prioritize and manage their risks. M2i’s risk management offering for MFIs has the following objectives:
- List all the significant risks facing the MFI
- Identify policies required to control theses risks.
- Prepare a framework of operational monitoring.
- Prepare a framework of reporting on the key risks
M2i’s approach in building risk management system focuses on:
- Risk categorization
- Inherent risk and residual risk
- Risk prioritization
- Risk measurement and tolerance levels
- Risk response
We help MFIs develop a comprehensive risk register and risk manual, and also, participate in the pilot implementation of the system. |