Guide / Toolkit
Handbook for the Analysis of the Governance of Microfinance Institutions
Guide to address governance challenge in MFIs
92 pages
This guide uses a stakeholder analysis approach to the evaluation of MFI governance. It distinguishes between several types of institutions, namely, cooperatives, non-profit organizations, private companies and public institutions, and examines themes that are relevant to all these institutions as a whole as well as individually. Written for those working on MFI governance such as elected officials, directors and donors, the guides approach is based on the following principles:
- Governance can take on many forms and there is no "best practice" approach;
- MFI crises should be analyzed instead of being ignored, enabling the MFI to judge the form of governance for appropriateness;
- It is possible to analyze all MFI types without ignoring the specificities of different institutional forms.
It provides two complementary modules that are organized around five themes - mission/vision, financing, institutional type, stakeholders and organization. They comprise:
- Diagnostic tool for evaluating MFI governance including stakeholder analysis, decision-making processes and crisis/problem management;
- Guide for analyzing MFIs strategic choices and governance challenges.
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