The Risk Management Booklet is the fourth publication under the Optimising Performance and Efficiency Series (OPES). The OPE Series brings together key insights and ideas on specific topics, with clear objective of providing micofinance practitioners with practical and actionable advice.
The Risk Management Booklet is a compendium of MicroSave's Briefing Notes and India Focus Notes which focus on a wide range of opportunities, issues and challenges.
This brief publication mines MicroSave's rich experience and blends it with that of leading consultants and practitioners in the field of Risk Management. Risk Management is more important in the field of microfinance due to absence or near absence of traditional risk mitigation mechanisms like collaterals and guarantees.
The monitoring, analysis and management of credit risk under group or individual lending models is core to the effective functioning of an MFI.