The GOALS system of business planning and monitoring will be offered during five half-days.
The course will cover planning for institutional survival and growth, strategies for increasing leverage, advantages and disadvantages of various sources of financing, security and stability, interest rates, operational efficiency, portfolio at risk, loan loss provisioning, and much more.
The methodology requires active participation during classes. Calculators are not required
Participants and Prerequirements
The course is designed for managers and directors of microfinance institutions. Previous work in finance or accounting is not required.
Using a highly participatory methodology, participants gain a thorough understanding of issues pertaining to the balance sheet and income statement of microfinance institutions. Discussions include balance-sheet issues pertaining to capital adequacy, practical techniques for enhancing leverage, advantages and disadvantages of different types of liabilities, appropriate distribution of assets, effective monitoring of portfolio quality, and policies governing investments and cash management.
Regarding the income statement, participants enhance their understanding of interest rates and the cost of funds. Operating efficiencies are covered, as are techniques for maintaining high-quality loan portfolios at low operating cost.
