TJAS

Latin America

2012-01-16 11:40:47

Triple Jump Advisory Services has been working in the region since 2007 and has supplied advisory services and technical assistance to 15 MFIs in 8 countries. We currently have 8 active partnerships in:
Mexico, Honduras, Guatemala, Nicaragua, Dominican Republic and Ecuador.

Background

Latin America has recuperated from the financial and economic crises. Increasing competition, overindebtedness and decreasing profit margins are key challenges for MFIs. Triple Jump Advisory Services is

Nicaragua

2012-01-16 11:54:20

Nicaragua, the poorest country in Central America and the second poorest in the Hemisphere, has widespread underemployment and poverty. The country is gradually recovering from the global economic crisis as increased exports drove positive growth in 2010. The economy is expected to grow at a rate of about 3% in 2011. Nicaragua’s microfinance sector was hit hard in 2009 because of very fast growth in combination with weakly developed institutions that resulted in an unhealthy situation that

Ecuador

2012-01-12 15:44:18

Ecuador’s economy depends largely on its oil revenues. GDP growth in 2011 is around 5.8 % but is likely to decrease as a result of faltering recovery in US and the closure of Ecuador’s largest oil refinery for maintenance. In April 2011, a new legislation for cooperatvies has come been approved that will enforce regulation of all cooperatives, mutual companies and finance associations.

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Triple Jump Advisory Services Partners

Fundación Alternativa

Mexico

2012-01-12 15:14:44

Mexico’s economy has shown weak growth in 2011 and will have slow momentum going into 2012. The microfinance sector is characterized by high growth and deteriorating portfolio quality, rising competition, the region’s highest average interest rates as well as the highest average operating expenses (due to high cost of staff).

While many of Mexico’s microfinance institutions are regulated by the CNBV (National Commission for Banks and Securities) formalization of non-regulated MFIs

Guatemala

2012-01-12 15:20:33

Guatemala is the largest and most populous of the Central American countries, with a GDP per capita roughly one-half that of Brazil, Argentina, and Chile. Income distribution remains highly unequal with about 56% of the population below the national poverty line and 24% living on less than US$ 2 a day. The Guatemalan microfinance sector has shown significant growth over the last decade – with growth above 15% in the last three years alone. The main challenge of the sector is the absence

2012-01-12 13:01:40

The members of the TJAS Supervisory Board currently are:

Ab Engelsman
Mr. Engelsman is the Chairman of TJAS's board, representing ASN Bank. He has held several senior management positions in the public sector. In 2002, he assumed responsibility for all ASN Bank investment funds and held this position until retiring in 2007. Next to being chairman of Triple Jump, Mr. Engelsman is also a board member of the Foundation of ASN Investment Funds and of the Oikocredit Nederland Fund.

Esha

Impact Studies

2012-01-10 14:50:45

Triple Jump Advisory Services develops impact studies on the effect of our work with our partners. We use these impact studies internally to understand our impact and to improve our approach as well as monitor the development of our partner MFIs. Click on the links below to read some impact study overviews:

UFM Louga, Senegal
ALIDé, Benin
Alsol, Mexico
Caurie, Senegal
RMCR, Mali
Yehu, Kenya
Vision Fund Caucasus: in-depth case study of governance project with 3 MFIs in Armenia, Azerbaijan and Georgia

Making it Easier to Give and to Receive

2012-01-02 12:28:47

(Triple Jump Advisory Services has been helping microfinance institutions -MFIs- in Kenya develop mobile banking channels since 2009.)

In response to the severe drought in East Africa, Kenyans used their mobile phones (and other means) to donate more than 677 million Ksh (USD 7.9 million) in little more than four weeks to the Kenyan Red Cross.

Togo

2011-12-15 16:20:52

Togo is poor in comparison to its neighbors and has received relatively little donor aid because of the political situation. Agriculture is the main economic activity, both subsistence farming and export crops, and employs approximately 65% of the workforce. Togo is one of WAEMU countries and is expected to pass the new microfinance law in 2010. The microfinance sector is concentrated (one MFI serves 37% of all clients) and serves approximately 500,000 people.

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Mali

2011-11-22 12:02:13

Mali is a landlocked country, 65 % of which is desert or semi-desert. The population is concentrated in the south and in the Niger River valley and 80% subsists on farming and fishing. Mali is part of the WAEMU and is expected to adopt the new regional microfinance law in 2010. The microfinance sector has a strong outreach in rural areas (63% of clients) and is dominated by a few networks of cooperatives.

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Triple Jump Advisory Services Partners

DOEN Foundation

Benin

2011-11-22 11:52:28

Benin is one of the eight West Africa Monetary and Economic Union countries (WAEMU) and has one of the most advanced microfinance sectors in the region, with over one million microfinance clients. The economy as a whole remains underdeveloped and relies primarily on subsistence agriculture, cotton and regional trade. Though comparatively well developed, microfinance institutions have faced increasing competition in the last several years, especially in urban areas, and a growing delinquency

2011-11-22 11:58:51

WAGES

WAGES began as a CARE project in 1994 and was recognised as a microfinance institution in 1999. The institution's focus has always been women and has spread from Lome to peri-urban and now rural areas. Women now make up about 62 % of clients. WAGES weathered a severe crisis in 2001 but has recovered and has been growing steadily ever since ( 40% growth in GLP and clients each year) and has been operationally sustainable since 2003 (except in 2010 when the microfinance sector in Togo

West Africa

2011-10-31 08:57:35

Triple Jump Advisory Services has been working in the region since 2006 and has provided capacity-building services and cost-sharing grants to 10 MFIs in 6 countries. We currently have 8 active partnerships in:
Benin, Ghana, Mali, Nigeria, Senegal and Togo.

Background
West Africa is one of the poorest regions in the world, with 12 out of the 14 countries ranked as lowest in the global Human Development Index. Most of its population lives on subsistence farming and the percentage of people

2011-10-25 17:31:39
ASN-Novib Microkredietfonds cumulative total return (EUR)

Mobile Banking: Why it pays to take your time

2011-10-24 10:06:39

OCTOBER 2011 - Mobile banking for microfinance institutions (MFIs): why it pays to take your time! The reality of mobile banking channels is that they require time to learn valuable insights which can guide full roll-out planning. Carol Caruso, managing director of Triple Jump Advisory Services and also an instructor on mobile banking at the Boulder Microfinance Institute, advises MFIs to prepare before rushing into mobile banking.Triple Jump Advisory Services has been helping MFIs explore and launch mobile banking channels since 2008.

Advisory Services helps AlSol to grow

2011-07-26 17:13:02

JULY, 2011 - Triple Jump Advisory Services has helped the Mexican microfinance institution ElSol in successfully making some very difficult decisions and picking up growth.

Tanzania

2011-06-24 20:03:59

Tanzania is the most politically and socially stable country in the East Africa Community and has a GDP of US$ 57 billion and a population of 45 million. Although a potentially large economy and viewed favorably by investors, Tanzania has a high reliance on agriculture (40% of GDP) creating an economic risk due to recent erratic weather patterns.

Tanzania has an evolving dynamic financial sector with many renowned banking brands. There are about 15 MFIs in Tanzania and six of these are strong

Rwanda

2011-05-31 19:30:13

Rwanda is a country on the rise with a population that has been growing rapidly (currently at 10 million) with a GDP of US$ 10.6 billion. The challenge remains to diversify to other economic activities as 90 percent of its population is engaged in subsistence farming. As the country strives to put past ethnic conflict and upheaval behind it, there is a growing need for financial services to keep in step with the vibrant growth. The banking sector has been strong in the capital Kigali but remains

Sudan

2011-05-25 13:24:09

Sudan has been embroiled in civil wars almost continually since its independence in 1956 from the United Kingdom. The division between the Muslim and Arab north and the non-Muslim and non-Arab south has led to millions of displaced people and casualties, conflicts fueled in part by oil. Though the South is not officially independent, there are two de facto governments, including separate central bank branches which operate under different principles. The North of the country operates under

Kenya

2011-05-25 13:55:47

Kenya is the leading economy in the East Africa region and serves as a regional communications and trade hub. However poverty is still present as shown by a Human Development Index of 147 (out of 182 countries) as is income disparity (GINI coefficient of 42.5).

Kenya has a fairly developed financial sector with over 50 commercial banks and very vibrant rural-based savings and credit co-operatives (SACCOS) that number over 1000. Kenya has one of the most advanced microfinance sectors in

ALIDé, Benin

2011-05-24 17:54:04

ALIDé (L’Association de Lutte pour la promotion des Initiatives de Développement ) is an MFI that began as a poverty reduction program in two Cotonou districts in 1995. In 1998, the microcredit component became a fully independent program and extended its activities to other Cotonou districts.In 2003, it was recognized as a microfinance institution by the Ministry of Finance. It now has 8 branches, in both peri-urban and rural areas and over 12,000 borrowers, as of December 2009.

In

Azerbaijan

2011-05-24 18:58:17

Azerbaijan is a predominantly Muslim country on the Caspian Sea. The country has an unresolved conflict with neighboring Armenia after a brief war in which it lost 20% of its territory, resulting in up to a million refugees. Although the GDP is high because of oil, poverty is widespread in rural areas. There are a number of MFIs and downscaling banks and a strong microfinance association. In 2010 a new law on microfinance was introduced which is likely to have a major impact on the sector.

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Georgia

2011-05-24 18:36:38

Georgia lies in the center of the Caucasus and has seen a strong development towards democracy since 2003. Though over 50 percent of its population works in the agricultural sector, it accounts for only 10 percent of GDP. Unemployment is high in urban areas.

The microfinance sector is dynamic – there are a few developing MFIs that actively target poverty reduction and the agricultural sector, as well as many commercial MFIs and downscaling banks.

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Triple

Armenia

2011-05-24 18:50:25

Armenia is an ancient country but currently rather isolated because of its unresolved war with Azerbaijan which also led its neighbor Turkey to close the border. A large Armenian diaspora brings in significant remittances but economic development since the collapse of the Soviet Union has been slow. The microfinance sector is underdeveloped compared to neighboring countries, partly because of prudential supervision including an interest rate-cap.

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Triple

East Africa

2011-05-20 13:38:48

Triple Jump Advisory Services has been working in the region since 2006 and has provided grants for technical assistance to 9 MFIs in 4 countries, including one in Sudan which is completed. We currently have 6 active partnerships in: Kenya, Rwanda and Tanzania.

Background
East Africa is one of the poorest regions in the world, suffering from the effects of economic limitations and mismanagement, local corruption and inter-ethnic conflict. The region contains many of the

Honduras

2011-05-18 13:36:58

Honduras is one of the poorest countries in the Western Hemisphere with an extremely unequal distribution of income (Gini index: 55) and which since early 2009 has been rocked by a political crisis, on top of the global financial crisis. The microfinance sector is regulated: all MFIs have to become regulated for providing financial services under supervision and legislation from the National Commission on Banks and Insurance Companies (CNBS).

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Triple Jump

Nigeria

2011-05-17 14:26:08

Nigeria is the largest and most populous country in West Africa, with over 250 different ethnic groups. Despite its oil wealth, 70 percent of Nigerians are estimated to live below the poverty line. Known for its turbulent history and endemic corruption, the 2011 elections show that the country is changing gradually, although there are still deep divisions between the north and the south and tensions between ethnic groups. Microfinance in the country is dominated by a few MFIs, like

Ghana

2011-05-17 13:12:07

Ghana is a stable democracy with comparatively advanced infrastructure. It is an important producer of cocoa and gold and recent discoveries of oil off its shore are expected to bolster its economy after several years of high inflation and weakening of the national currency, the cedi. Poverty is concentrated in the North where the predominant economic activity is subsistence farming. The microfinance sector is made up of a range of institutions, including rural banks, savings and loans companies,

Senegal

2011-05-17 12:40:21

Senegal is one of the eight WAEMU countries and was one of the first to adopt the new regional microfinance law in 2009. Though 77 percent of its active population works in the agricultural sector, 42 percent lives in urban areas leading to high unemployment rates. The microfinance sector is dynamic – there are some 800 MFIs serving approximately 1 million clients -- and is dominated by cooperatives, as elsewhere in the WAEMU region. With the new law, efforts are being made by the government

Services Offered

2011-02-14 10:52:19