M2i Trainings (www.m2itrainings.com)

In my experience with MFIs, I have noticed that very often the difference between those that perform well and those that dont is the quality and motivation of the line staff. While this is a function of the kind of internal control systems that an MFI possesses, it also has to do with recruitment policy as well as staff training. In the absence of control, agency problems invariably creep in and this leads to corrupt practices. If the institution has evolved good internal control systems, but has demotivated and untrained staff, there is again a problem as staff productivity suffers and staff turnover is high. I can say that the trainings that we offer allow MFI line staff to get a better perspective of their own roles in the wider scheme of things and their motivations improve quite a bit. In addition they also get exposed to best practices and gain in terms of professional skills.

We are introducing M2i trainings. I hope that it will evolve into a valuable resource for the microfinance sector. We will also strive to build in a world class team of researchers who will contribute in an original way not only to "the microfinance domain" but also to areas in applied economics, finance and public policy.