TOTs to MFI Staffs and TSPs
AEMFI in partnership with LIFT delivered two Training of Trainers (TOTs) to microfinance practitioners and technical service providers in the sector from November 11-20, 2020. The focus area of the first training was on SLLC linked product manual preparation/ product development, while the second one focused on Business plan appraisal and saving mobilization. A total of 14 participants from various microfinance institutions and independent technical service providers attended the trainings.
Study on Effects of COVID-19 Induced Crisis on Ethiopian MFIs and their Clients
AEMFI has conducted a study to assess the effects of COVID-19 on Ethiopian MFIs and their clients. The study was conducted to get insight from the MFIs, their customers, and the key stakeholders of the industry and recommend actions that need to be taken to help MFIs respond to the crisis. It focused on understanding the impact of COVID-19 and the government's containment efforts on MFIs and their customers. Effect of the pandemic on MFIs liquidity, as well as the role played by the microfinance industry’s key stakeholders and their coordinated efforts to minimize the effect of COVID-19 induced crisis has been emphasized in the study. Validation Workshop was conducted on the 24th of July at Elilly International Hotel. The consultants have presented the findings of the study to the Microfinance Institutions and proposed subsequent measures to be taken in order to rescue the industry.