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As the research 1500 loan now of the market, a significant portion of Microfinance organization has experience in microfinance exceeding three years or more. Among the reasons, caused by failure of internal order, are allocated the most important and typical: – weak management information system – microfinance institution does not have accurate data for monitoring the timely repayment of the loan, the leadership did not provide timely information about the real state of affairs in the field of credit reports contain errors; All this together leads to a delayed or inadequate response microfinance institutions in the management of the problem; – Error in the choice of borrowers – microfinance institution provides loans to customers with poor credit history and reputation; – A weak system of evaluation of applications for loans and the creditworthiness of borrowers – a result of loans granted to insolvent customers or amount of loans is too prohibitive for repayment; – Fuzzy communication with customers with respect to products and processes – if customers are not familiar with policies and procedures, it can lead to confusion and the emergence of overdue payments, even if the clients are able to pay the debts; – The lack of operational support loans – weak control over the repayment of loans in microfinance institutions generates borrowers frivolous attitude to the timely repayment of debt, and the belated reaction microfinance institutions in the delay reduces the chances of debt repayment; – Mixing the concepts of grants and aid to lending – due to the fact that the provision of grants and other assistance to households engaged in the same people in microfinance institutions, customers have the mistaken notion credits as grant aid; – Errors in the concept of a credit product – delay sometimes arise due to the fact that payments on loans do not meet the borrower’s cash flows, eg underestimation of seasonal fluctuations in income or the repayment period is too short; – Natural disasters – due to the 1500 loan now fact that natural disasters occur (floods, droughts, earthquakes, epidemics), there may be a drop in income of the borrower and the corresponding delay; – Corruption – is not ruled out the probability of receiving bribes staff MICROFINANCE INSTITUTIONS or fraud in the form of a grant of loans friends and relatives; staff receiving gratuities from clients will not be able to demand repayment discipline; – Demotivation of staff – if the conditions of work or incentive system is adequate, the staff refers to the bad performance of their duties.

The second approach considers microcredit niche in the range from several thousand to 1 million usd Based on the study’s easy to see the attraction of banks to the upper limit of this amount, resulting in an average size of micro-credit in the banking sector of about 500 thousand. In the “Subject of the contract” fixed agreement of the parties on the amount of available credit. This policy of the bank 1-837-720-7616 should be clearly defined size of the loans, agreed with the customer credit assignment, given the right information in the credit application, credit history is checked and the household budget, and other data about the borrower.

Consider the main sources of the resource base of microfinance institutions by dedicated groups and analyze the characteristics of formation their. Rupees or negative balance in the account will be more than 100 thousand. Since 2003, the average market rate published by the European Central Bank.

For strategic risk management requires: – a clear, strategic vision informed the organization’s mission, and not purely declarative, formulaic statements; – The formation of the higher authorities with an optimal combination of experience, skill and influence for the adoption and control of strategic decisions, the establishment of an acceptable level of risk; – Transparency and disclosure, including information on the financial situation of the institution, the effective rate of the loan, risk management, interaction with the media; – Compliance 1500 loan now with business ethics at all levels of management, operational and effective response to any breaches of customer service, the correct motivation of the staff to achieve corporate goals and personal success; – Interaction Microfinance organizations from all stakeholders, including investors, regulators and supervisors, creditors, clients, agencies rating. You can be called a business Lilliput compared with the country of giants – medium and large businesses, affluent segments of society. A similar approach is used by credit institutions, credit risk is divided into two categories: credit risk of individual transactions and portfolio risk.

On the one hand, the number of loan applications received from small and medium-sized businesses in the banks significantly increased. Medium-term and long-term loans long-term service needs because of the need to modernize production, the implementation of capital expenditures to production expand.

In general, contributions and shares of the founders and members can and should remain the main source of funding microfinance institutions in the creation and the beginning of their work and play in the future as a kind of “safety cushion” and a guarantor of stability financial. The essence of the group loan is that each member of a group of borrowers (from 3 to 15 – depending on the situation) at the same time takes a loan sureties for repayment of the loan for each member of the group. The maximum score – 10, each dimension has equal weight. A similar approach is used by credit institutions, credit risk is divided into two categories: credit risk of individual transactions and risk portfolio.

In South Africa, the government obliged MSIF not only to regulate microfinance institutions, but also to protect the rights of consumers. Many microentrepreneurs operate informally, without a license for the type of business or official accounting of its operations or revenues. Pledge registration takes place subject to the same rules as credit institutions, but fundamental differences are the way to assess the property and the size of the software required.

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