ສມກຈ - ສະມາຄົມການເງິນຈຸລະພາກ

MFA - Lao Microfinance Association

Our work

The MFA is operating in the following main areas:

1. Knowledge Management/Coordination

a) Publication and information

  • Website in English and Lao that is up to date and includes comprehensive information on micro-finance activities in Lao PDR as well as association activities
  • Update MFA activities on Facebook, and put documents to share on Dropbox
  • Bi-annual newsletter – in English and Lao
  •  Publish MFA Annual activity and audit reports
  •  Produce PR materials (annual calendar, T-shirts, hats, bags, pens, etc)
  •  Update member/investor directory
  •  MFA brochure; Future plan to prepare/publish member MFI brochure
  •  Develop and maintain library with a list and code of publication documents
  •  Translation of relevant documents and studies into Lao and vice versa

b) Performance Monitoring

  • Performance Monitoring System – collecting analyzing and publishing financial performance data from MFI members.
  • To date approximately 50% of member MFIs participate. Processed data are provided to the MIX Market by the MFA.

c) Meetings/external visitors

  • Quarterly member technical meetings (Future invite Donors/Investors to join present their products/offers – investor’s fair)
  •  Receive external visitors (donors, investors, interested guests), provide information and guidance to these potential (social) investors and facilitate and linkup investors with member MFIs

2. Capacity Building

  •  Brokerage of training and workshops based on demand and subject to the availability of resources
  • Organize training, study exposure visits and workshops according to the demand/need of members/sectors;
  • Secure funding for, design & develop, and implement delivery of a Micro-finance Management Certificate Course (MFMCC)
  • Facilitate the introduction of a Micro-insurance product (credit life) in Laos;
  • Conduct social audits using the CERISE SPI tool;
  • Bi-annual manager meetings (CEO club) for MFI members;
  • Introduce Client protection principles (SMART CAMPAIGN) for MFI members;
  • Plan (3rd Quarter) to organize job fairs in Vientiane Capital and in the provinces where MFI members are located (exact location to be identified).

3. Advocacy and Representation

  • Exchange information and documents and conduct regular formal and informal meetings with BOL;
  • Comment on legal, regulatory and administrative documents prepared by BOL or other public entities based on feedback from member MFIs
  • Develop and implement a Code of Ethics for member MFIs

4. Organizational Development

  •  The MFA seeks to adequately develop its institutional resources and to mobilize sufficient funding in order to run the network sustainably.
  • Moreover, it strives to be sufficiently staffed and to have professional staff and a qualified Board of Directors to be able to achieve the objectives defined in its Strategic and Business Plan.
  • Plan to provide services in HR management & Administration/management to MFI members (starting 2ndQuarter).
  • MFA strives to become a professional and sustainable organization representing the industry interests

 

areas

 

MFA Services

MFA provides its services as consultancy and conducts trainings on varieties of topics such as:

  • Provide training on Project/ effective office management, Fund Raising, Leadership, Human Resources Management and Workshop Facilitation, accounting, SME for member’s clients and financial education…
  • Support in writing Staff-, operating and others Microfinance handbooks
  • Brokerage and organization of training/workshops/events
  • Processing and bench-marking of MFI performance data and facilitating access to the Mix Market
  • Dissemination of information, studies and good practices relevant for the sector (MFA Website, Newsletter, Email service, Member meetings)
  • Translation of relevant documents and studies into Lao
  • Organizing feedback sessions for MFIs regarding policies, regulations, guidelines, etc. prepared by the regulatory and supervisory authority (Advocacy)
  • Information and guidance to potential (social) investors and facilitating and linking up investors with member MFIs
  • Conducting social audits for MFIs (CERISE SPI tool)
X