Support for the Financing of Renewable Energy by Microfinance Institutions

Support for the Financing of Renewable Energy by Microfinance Institutions

Client

ANPER - World Bank

Period

06/2020 – 11/2020

Country

Niger

Project Context and Description

The Government of the Republic of Niger has obtained a loan and a grant from the World Bank to finance the costs of the Access to Solar Electric Services Project in Niger (NESAP).

The main objective of the project is to help increase the rate of electrification in rural regionsof Niger through solar energy.

It is in this context that AMEF Consulting was selected by the agency ANPER and the Ministry of Finance in partnership with another Nigerian firm to carry out the technical assistance program, that of supporting microfinance institutions (MFIs) and the Ministry of Finance for the efficient implementation of the NESAP credit line.

Work Done by AMEF Consulting

    • Market study of microfinance and renewable energy in Niger
    • Study of the client portfolio and marketing strategy of the MFIs
    • Developing client portfolio development/customer relationship management strategy
    • Development of new microfinance products (classic, Islamic, leasing,)
    • Design of specific solar program financing products
    • Development of the risk analysis approach (rating system)
    • Development of pricing policy
    • Developing the marketing strategy for new products
    • Development of toolkits / manuals for new products
    • GIS Diagnosis
    • Training of MFI staff on the following modules:
      • Governance of MFIsw
      • Risk management in microfinance
      • Marketing and customer relationship management
      • Product development approach and leasing
      • Products of Islamic microfinance
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Portfolio Categories:

Inclusive Finance and Microfinance 


Support the Digitization of Micro and Small Businesses

Support the Digitization of Micro and Small Businesses

Client

SANAD – Microfinance Institution – Leasing company

Période

04/2021 – 08/2022

Pays

Tunisia

Context of the project

To support its financial partners and their clients to cope with the impact of the COVID-19 pandemic and to develop their digitalization, the European SANAD fund has set up a grant program comprising three components:
– Grants for small businesses dedicated to the acquisition of IT and digital equipment and services
– Sharing of credit insurance costs and use of guarantee funds
– Investment grant for the digitization of a partner institution

In this context, AMEF Consulting was mandated by SANAD to support its Tunisian financial partners in the operational implementation of the components of this program and in the management and monitoring of the proper use of the various grants.

Work carried

  •  Development of the concept note for the different components of the program
  • Design and development of the product offer for customers in terms of financing their digitalization investments
  •  Development of the marketing strategy and supports relating to the financing subsidy of the digitalization of customers
  • Definition and optimization of the process of studying and setting up subsidies granted to clients of partner FIs of the SANAD fund.
  • Verification of the eligibility of clients and investments for the various subsidies provided, in coordination with an external auditor.
  • Training of SANAD partner teams on the developed product offer.
  • Assessment of the impact of grants awarded on the digitization of beneficiaries and the development of their income.
  • Periodic monitoring of the use of grants awarded and preparation of the report to SANAD
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Portfolio Categories:

Inclusive Finance and Microfinance 


Restructuring Microcredit Associations

Restructuration des associations de microcrédits

Client

Autorité de Contrôle de Microfinance

Period

2016 - 2017

Country

Tunisia

Project Context and Description

As part of the MICROMED program to support Tunisia in the development of microfinance, implemented by the Luxembourg organization ADA and financed by the European Investment Bank and International Cooperation in Luxembourg, AMEF Consulting participated in a project to restructure microcredit associations (MCA) in the governorates of Bizerte and Siliana. The objective of this project is to support the merger of these CMAs into a single regional microfinance institution (MFI) by governorate (region) under the new microfinance law of 2011.

Work Done by AMEF Consulting

  • Visits to MCAs in the governorates of Bizerte and Siliana, and meetings with their officials to diagnose the situation and raise awareness about the appropriateness of the proposed merger
  • Study of the microfinance market in Bizerte governorate
  • Development of the business plan of the new regional MFI of the governorate of Bizerte using the MICROFIN tool
  • Presentation and discussion with the Microfinance Control Authority of the new MFI’s business plan to prepare its application for accreditation.
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Portfolio Categories:

Inclusive Finance and Microfinance 


Study of Financial Inclusion in Tunisia

Study of Financial Inclusion in Tunisia

Client

Microfinance Supervision Authority

Period

2013

Country

Tunisia

Project Context and Description

In support of the development of microfinance in Tunisia, the Tunisian government has received financial assistance from Luxembourg’s international cooperation and the European Investment Bank (MICROMED project). The Luxembourg microfinance organization ADA has been responsible for the management of this project.

As part of this project and in anticipation of the creation of a national financial inclusion observatory, a study on financial inclusion in Tunisia was commissioned, with proposals for appropriate indicators for measuring financial inclusion.

Work Done by AMEF Consulting

  • Collecting qualitative and quantitative data on financial inclusion in Tunisia, statistical data from the INS and on Micro Enterprises
  • Documentary study on financial inclusion in Tunisia
  • Assessing demand for financial and non-financial products and services
  • Analysis of demand-supply gap
  • Defining indicators to measure financial inclusion in accordance with international practices
  • Organizing a national seminar to present and discuss the results of the study.
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Inclusive Finance and Microfinance 


Opportunity Study for the Creation of a Microfinance Institution

Opportunity Study for the Creation of a Microfinance Institution

Client

A Retail Bank

Period

2013

Pays

Tunisie

Project Context and Description

In order to develop the microfinance sector in Tunisia, a new law was adopted in 2011. Thus, a mesofinance bank found itself faced with a decision to be taken regarding the creation of a company for the development of the microfinance business under this new law.

To this end, AMEF Consulting was asked to conduct an opportunity study to create a microfinance institution, by developing its business plan.

Work Done by AMEF Consulting

  • Study of the microfinance market in Tunisia (the institutional framework, the gap between supply and demand, competition, …)
  • Defining financial products and non-financial services to offer to customers
  • Defining the governance and organization of the Microfinance Institution (MFI) to create and sizing its teams
  • Development of the MFI’s financial business plan to be created
  • Support for the preparation of the application for accreditation.
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Portfolio Categories:

Inclusive Finance and Microfinance Strategy and Organization