The Training Course onSEEP's Framework and FRAME Tools

SEEP's Framework and FRAME Tool teach microfinance managers how to develop a consistent performance monitoring system in conformance with international standards. The Framework teaches practitioners how to categorize, analyse, and use financial data for monitoring and reporting purposes. It offers templates and corresponding instructions for generating such statements and reports as an income statement, balance sheet, cash flow statement, portfolio and activity report, and non-financial data report. It explains how to calculate and use 18 core ratios (the 'SEEP 18') to evaluate an MFI's performance in four key areas: profitability and sustainability; asset/liability management; portfolio quality; and efficiency and productivity.

The goal of the Central Bank of Sudan (Microfinance Unit)/IDB is to create a performance monitoring system that can enable the bank to collect and analyse MFI reports using one format. The monitoring system will be used to provide information that can be uploaded to the MIX Market. Furthermore, the MFIs are expected to use the performance monitoring tool as a management tool that will enhance your decision making.  A total of 25 participants from 10 MFIs will be trained in the first quarter of 2013.

Training approach

The proposed training will be highly participatory with participants expected to apply the knowledge to their own MFIs and input the data onto the toolkit. They should be able to review all their financial statements and key performance ratios as output from the FRAME tool. Specifically each participant should be able to:

  1. Create formatted financial statements for their own institutions
  2. Calculate the SEEP financial ratios “SEEP 18”
  3. Interpret and analyse their institutional performance using output from the FRAME Tool

MFI participants attending this course should have basic accounting or financial appreciation. Each of the 10 MFIs participating should have at least two to three years of their audited financial statements and other operational reports. These reports will be used during the training and enable participants to practically see how the tool can be useful in their MFI.

Timing

The training dates are (14th -17th ) January 2013, from 08:00 am to 04:00 pm, at the Central Bank of Sudan (HQ)

Training schedule

Day Morning Afternoon
1
  • Introduction to performance monitoring
  • Key Microfinance Institutions Reports
  • SEEP Financial Statements
  • SEEP Formatting of MFI
 statements Participants format own financial statements
     
2
  • SEEP Ratio Analysis using  SEEP 18
  • Introduce the excel SEEP FRAME tool
  • Input case study data
  • Review case study results
  • Data input using own MFI
  formatted Financial Statements
     
3 Data Input continued Print off Income Statement, Balance Sheet + Ratios for review.
     
4 Understanding and interpreting the results from  FRAME TOOL Way forward – designing templates

Instructor Bio

Petronella Chigara-Dhitima is currently working as a consultant to ACCION as part of its global training team based in Zimbabwe. Prior to this she was ACCION’s Africa Hub Manager and Project Manager; leading the technical assistance team for EB - ACCION and heading the Africa Training Centre based in Ghana. She brings more than 19 years of experience in microfinance, SME development, and organizational development in East, West and Southern Africa. She has been instrumental in spearheading Greenfield operations for ACCION in West Africa, and setting up microfinance divisions in two different banks in Zimbabwe. She has held operational, managerial, and senior advisory positions in microfinance institutions at both wholesale and retail levels, such as ACCION, International Labor Organization (ILO), CARE Zimbabwe, and Zambuko Trust. Furthermore, she has shown an ability to transfer her skills and knowledge to counterparts, colleagues, and subordinates in several varied cultural and organizational settings.

Petronella has been teaching at the Boulder Microfinance Training Program for the past 10 years. She is an accredited trainer with MicroSave and also an accredited Master Trainer for the ILO Making Microfinance Work management course. Her accomplishments clearly reflect a comprehensive understanding of the organizational, human, and financial attributes of successful microfinance operations.

Tuesday, January 1, 2013