Triple Jump news - Wednesday, October 27, 2010

Risk Management pilot launched

Triple Jump Advisory Services, in partnership with FMO, launched a risk management pilot in Guatemala.

The risk management pilot envisions to implement integrated risk management into four small to medium MFIs, while simultaneously developing a simple, integrated approach that can be easily applied in other MFIs in the region. Existing approaches are either non-integrated, focus on theory and concept rather than on practice or are geared to higher Tier MFIs. After an initial diagnostic conducted by an international team of senior consultants, an implementation plan will be tailored to the risk needs and developmental level of the MFI. The implementation stage will run until April 2011. An independent evaluation will be carried out in autumn 2011 to verify whether changes to the MFIs’s risk management system have been appropriated and will continue beyond the pilot.