Training Course On Governance And Risk Oversight For Microfinance Boards

Course Overview

The Training Course on Governance and Risk Oversight for Microfinance Boards is a comprehensive 5-day program designed to strengthen the governance capacity and risk oversight skills of board members and senior leaders within microfinance institutions (MFIs). Effective governance and risk management are essential for ensuring institutional sustainability, protecting client funds, complying with regulatory requirements, and maintaining stakeholder trust. This course equips participants with practical frameworks for board governance, strategic oversight, enterprise risk management, internal controls, and compliance monitoring.

Learning Objectives

By the end of this training, participants will be able to:

  1. Understand the principles of good governance and their application in microfinance institutions.
  2. Define board roles, responsibilities, and fiduciary duties in risk oversight.
  3. Identify key risks in microfinance operations, including credit, liquidity, operational, and compliance risks.
  4. Apply enterprise risk management (ERM) frameworks for effective risk identification, assessment, and mitigation.
  5. Strengthen internal controls and audit functions for enhanced accountability.
  6. Interpret financial statements and risk indicators to support board-level decision-making.
  7. Integrate risk management into strategic planning and organizational performance monitoring.
  8. Ensure regulatory compliance with microfinance laws, prudential standards, and governance requirements.
  9. Build strong board–management relationships that support governance effectiveness and transparency.
  10. Develop a governance and risk oversight improvement plan for their microfinance institution.
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Course Content

Module 1: Foundations of Strategic Planning in SACCOs and MFIs

  • Principles and purpose of strategic planning
  • Strategic vs. operational planning
  • Cooperative identity and mission-driven planning
  • Key characteristics of effective strategic plans
  • Regulatory and market considerations

Module 2: Strategic Analysis and Environmental Scanning

  • SWOT, PESTEL, and competitor analysis
  • Stakeholder analysis and member needs assessment
  • Organizational capacity and gap analysis
  • Industry trends and emerging opportunities
  • Scenario planning and forecasting

Module 3: Strategy Formulation and Prioritization

  • Crafting vision, mission, and core values
  • Setting strategic goals and SMART objectives
  • Strategy formulation tools and models
  • Prioritizing strategic initiatives
  • Budgeting and resource alignment

Module 4: Strategic Implementation and Change Management

  • Developing action plans and implementation matrices
  • Leadership roles in strategy execution
  • Change management frameworks
  • Communication and stakeholder engagement
  • Institutionalizing strategy through culture and systems

Module 5: Monitoring, Evaluation, and Strategic Review

  • KPIs, performance dashboards, and scorecards
  • Strategy tracking and reporting tools
  • Mid-term reviews and strategy adjustments
  • Governance roles in strategic oversight
  • Developing a strategic planning action roadmap

Who Should Attend

This course is ideal for SACCO and MFI leaders, board members, CEOs/general managers, senior management teams, strategic planners, departmental heads, project managers, finance managers, risk managers, cooperative development officers, and anyone involved in organizational planning and decision-making. It is also suitable for emerging leaders seeking to strengthen their strategic planning capabilities.

Duration & Delivery

Duration

5 Days

Delivery Mode

Online or In-Person Training Available

Certification

Professional Certificate Included

Language

English

 

 

GENERAL NOTES

 i.   The client has many options on where they would wish to have the training

Onsite training (In Kenya)

Onsite training (Outside Kenya)

Online Training

a.   Mombasa

a. Southern Sudan – Juba

a. Zoom

b.  Nairobi

b. Tanzania – Dar es Salaam

b. Webex

c.  Naivasha

c. Rwanda – Kigali

c. Google meets

d.  Machakos

d. Nigeria – Lagos

d. Google teams

e.  Thika

e. Lilongwe  – Malawi

..

f.   Nakuru

f. South Africa – Johannesburg

..

g. Embu

g. Ghana – Accra

 

h.  At work place

h.  At work place

..

ii. The client shall communicate the preferred training venue at least seven (7) days before the training date. Otherwise the training shall take place in Nairobi.

 iii. This training is delivered by our seasoned trainers who have vast experience as expert professionals in the respective fields of practice. It is taught through a mix of practical activities, theory, group works and case studies.

 iii. Training manuals and additional reference materials are provided to the participants.

 iv. Upon successful completion of this training, participants will be issued with Arichum Consulting certificate.

 v.   The onsite training fee covers tuition fees, training materials, tea at 10am, lunch, tea at 4pm, training venue and a certificate on completion. Accommodation and travel may be arranged for our participants upon request.

 vi.   The online training fee covers tuition fees, training materials, and a certificate on completion.

 

Training Charges per Person

All non-Kenya Delegates shall Pay in USD ($)

Number of Participants

On Site 5 days per person

Online 5 days per person

On Site 10 days per person

Online 10 days per person

 

USD ($)

Ksh.

USD ($)

Ksh.

USD ($)

Ksh.

USD ($)

Ksh.

1

862

80,000

517

48,000

1,724

160,000

1,034

96,000

2    to    10

776

72,000

465

43,200

1,552

144,000

931

86,400

11    to    20

698

64,800

419

38,880

1,396

129,600

838

77,760

21    to    30

628

58,320

377

34,992

1,257

116,640

754

69,984

31    to    40

566

52,488

339

31,493

1,131

104,976

679

62,986

41    to    50

509

47,239

305

28,344

1,018

94,478

611

56,687

above 50

458

42,515

275

25,509

916

85,031

255

51,018