MFC Membership Meeting Bucharest, 27 May 2005

1
MFC Membership Meeting
Bucharest, 27 May 2005

2
MFC Memership Meeting Agenda

• 2004 Highlights
• 2005 Activities
• MFC financials in 2004
• 2005 budget
• Elections of New Board Directors

3
2004 Highlights research projects

• 3-year ImpAct program
• SEEP PLP project with Kamurj
• 2003 Mapping of Microfinance in CEE and the NIS
• MFC MIX data collection and analysis of 40 MFIs
  
• Projects initiated in 2004
• Development of Social Performance Management
  Framework
• Financial Education in cooperation with
  Microfinance Opportunities
• CGAP IFAD Pro-Poor Innovation Challenge with
  Barakot

4
2004 Highlights research projects and consulting

• Impact Monitoring System Development at MikroPlus
• Friendly Audit for CAMFA
• Micro-insurance pre-feasibility study in Georgia
  and Albania
• Quantitative Data Analysis and Dropout Workshop
  for Partner, BH
• ABC for ACF in Kazahstan
• Performance Monitoring and Benchmarking for
  Second-Tier Organizations, GMSE Georgia,

5
2004 Highlights training programs

• 43 training programs offered
• 669 MFI staff trained
• 2,456 MFI staff trained since the MFC inception
• 5 new training courses introduced
• Strategic Marketing (MicroSave)
• Human Resource Management (MEDA)
• Staff Incentive Systems
• MIX Performance Monitoring and Benchmarking
  Indicators
• Social Performance Assessment
• A series of courses offered to Central Asia
  policy makers
• Cooperation with PlaNet Finance on the
  development of e-learning modules
• ACCION CAMEL Rating methodology transfer
  initiated

6
2004 Highlights networking and publications

• MFC conference in Warsaw attended by over 400
  participants
• Study tour for the League of Credit Unions in
  Russia
• 1st video-conference for policy makers lanuched
• 2 issues of the MFC Policy Monitor and MFC
  Newsletter published and disseminated
• 12 MFC Spotlight Notes published (including the
  Russian version)
• 16 CGAP Donor Driefs and 8 Focus Notes translated
  into Russian and disseminated

7
2004 Highlights MFC Strategy revision

• MFC mission
• To contribute to poverty reduction and human
  potential development by promoting a socially
  oriented and sustainable microfinance sector that
  provides adequate financial and non-financial
  services to a large number of poor families and
  micro-entrepreneurs.
• MFC fulfills its mission by providing high
  quality services and building long-term
  relationships with the microfinance community.

8
Why social focus?

• MFCs mandate
• Social performance at the heart of MFI mission
• General lack of tools on MFI social performance
• Growing recognition and competences of MFC in
  social performance
• Gradual loss of competitive advantage and market
  in organizational TA
• Existing market niche
• Social aspects on the donor development agenda
• Market trends

9
2004 Highlights strategic partnerships and
linkages

• Strategic partnership with MIX, CGAP and
  MicroSave
• Partnership with IFAD for product development in
  rural areas and for performance monitoring and
  benchmarking of IFAD partner MFIs
• Partnership with RMC Partnership Agreement
  signed
• Services and License Agreement with ACCION
• Partnership with Microfinance Opportunities for
  the joint Financial Education project

10
2005 Highlights

• Final documentation of the PLP project with
  Kamurj
• Tools development for Financial Education project
• IRIS practicality tests
• Develoment of the toolkit for quantitative market
  research in microfinance (in coopeartion with
  MicroSave)
• Microinsurance Pre-feasibility study in Romania
  and Ukraine (in cooperation with Microinsurance
  Centre and KfW)
• Feasibility Study in Georgia (in cooperation with
  Microinsurance Centre and KfW)

11
2005 Highlights

• Development and operationalization of the Social
  Performance Management Framework
• ImpAct guidelines have been finalized (in
  cooperation with ImpAct Secretariat)
• MFC Social Performance Assessment Training will
  be upgraded (in cooperation with ImpAct
  Secretariat)
• Develop new tools for Strategic Planning for
  social goans and social evaluation (in
  cooperation with MicroSave, ImpAct and
  Microfinance Opportunities)
• Launch Social Performance Project to field test
  Social Performance Framework

12
2005 Highlights

• Development of Marketing strategies to the
  un-banked (in cooperation with Microfinance
  Opportunities)
• 2004 state of the microfinance sector in CEE and
  NIS
• Performance Monitoring and benchmarking in
  cooperation with the MIX (includes country
  reports for Georgia)
• Microfinance in Rural Areas training development
• Development of Customer Service training in
  cooperation with MicroSave
• Delivery of 35 training courses (both in-house
  and open enrollment)

13
2005 Highlights

• MFC conference in Bucharest
• 3rd NIS Policy on Microfinance Law and Regulation
  in Krakow
• 3 video-conferences for policy makers
• Development of the Central Asia Microfinance
  Centre (in cooperation with CGAP)

14
MFC Organization and People

• Kasia Pawlak has been promoted to the position of
  the Deputy Director and serves on the MFC
  management board
• Olga Tomilova promoted to the position of the
  training and consulting manager
• Olga Tomilova is developing the CA Microfinance
  Centre
• Agnieszka Talma joined as MFC Network Coordinator
• Anna Wisniewska coordinates the MFC Policy
  Programme
• Margarita Lalayan and Marat Kudekov joined as MFC
  trainers
• Liliana Kucharska coordinates MFC training