Target Group

• Managers & Specialists of Credit Department,
• Branch Managers & Loan Officers
• Customer Service specialists
• Microfinance Managers & specialists of other financial institutions

• The concept and history of microfinance.
• Foreign and local practice of microfinance.
• Forms of microfinance

• Bank organizational structure on microfinance and functions of responsible employees
• Bank’s microfinance strategy, policy, and procedures
• Microfinance assessment based on “6C” principles of lending

• Principal risks in microfinance: assessment and hedging 
• Traditional and non-traditional (social) collateral

• Microfinance management and monitoring
• Microfinance diversification and definition of limits

• Early recognition of bad loans and arrangements undertaken towards preventing them

Expected Results

At the end of the course the participants will know the following:

• information about western practice in microfinancing,
• history of microfinance in Azerbaijan,
• preparation of internal bank procedures for small scale loans,
• microfinancing procedures,
• evaluation features of loan applications,
• hedging instruments of micro financing risks,
• forms and methods of control over the implementation of payment plan,
• ways of determining in advance the problems connected with micro financing and actions taken for the loan to be repaid on time,
• forms of guidelines used in western practice related to micro financing
• loan monitoring and its forms of control,
• the requirements of normative-legal act issued by Central Bank of Azerbaijan.