Your institution is cordially invited to send 3 Staff members to attend Digital Microfinance Banking System online Training Course from India. This course will be attended by Microfinance specialist and Fintech Industry Leaders from different companies and organizations from 20 countries.

Microfinance institutions (MFIs) are increasingly facing pressure to go digital. The benefits are numerous, as Digital Finance System (DFS) has the power to lower operational costs and increase outreach and efficiency. However, digital finance is extremely complex and the operational challenges can quickly overwhelm institutions. This course takes MFIs through the process of selecting the right strategic option for introducing DFS to their operations and highlights the key issues in the implementation process.

This course explores the use of digital technologies to enhance Microfinance services. Participants will learn about Digital Payment Systems, Mobile Banking, and Fintech collaborations that can help expand financial inclusion and improve service delivery.

Digital Microfinance Training Course is designed for Microfinance Institutions and other financial inclusion professionals who are seeking effective strategies to digitize their institution. Potential risks, challenges, and opportunities that these new technologies present on Microfinance will be analysed.

This Training Course creates the space for participants to deeply reflect on how to define a digital transformation strategy, considerations and practices in product design and development, as well as change management required to undergo such a strategically important venture.

Participants in this course will obtain a thorough understanding of the key ingredients in any pathway toward digital transformation. After this program participants will be able to help guide their organizations through the process of redesigning their relationship with clients and field staff, putting together a digital ecosystem, creating usable data, and putting together agile teams and processes.

The course is designed specifically around the challenges MFIs face when they move from analog to digital systems and how to strengthen their relationships with clients in a digital age.

Target Audience

This course is ideal for CEOs, heads of channels and other heads of departments involved in high-level business strategy from MFIs, savings and credit co-operatives (SACCOs), credit unions and small sized banks who are either considering deploying or have already deployed digital financial services.

Organizational Impact

  • Increased adoption of digital services among Microfinance clients.
  • Enhanced service delivery and customer satisfaction.
  • Improved operational efficiency and reduced costs.

Personal Impact

  • Advanced knowledge of digital Microfinance technologies.
  • Enhanced skills in digital product development and implementation.
  • Expanded career opportunities in digital banking and fintech roles.

Course Objectives

  • Understand the role of digital technologies in Microfinance.
  • Explore digital payment systems and mobile banking solutions.
  • Learn about fintech collaborations and digital innovations.
  • Develop strategies for implementing digital Microfinance solutions.

Course Outline

Module 1 Introduction to Digital Microfinance

  • Overview of digital Microfinance trends and technologies
  • Importance of digital solutions for financial inclusion
  • Key components of digital Microfinance platforms

Module 2 Digital Payment Systems

  • Overview of Digital Payment Systems
  • Mobile Money and E-Wallets
  • Digital payment infrastructure and security

Module 3 Mobile Banking Solutions

  • Mobile banking applications and features
  • Implementing Mobile Banking for Microfinance clients
  • Case studies of successful Mobile Banking solutions

Module 4 Fintech Collaborations and Innovations

  • Understanding fintech and its role in Microfinance
  • Collaborating with fintechs to enhance offerings
  • Innovative digital solutions for Microfinance

Module 5 Implementation Strategies for Digital Solutions

  • Developing and launching Digital Microfinance products
  • Promoting digital adoption among clients
  • Continuous improvement and future trends in Digital Microfinance

Training Professors

Our Professors are seasoned industry experts with years of experience, working as professional and trainers in these fields. All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.

Online Classes

Classes will be conducted daily Online via Microsoft Team from 3pm to 4pm Rwandan Time. All classes will be recorded and you can access the recorded class anytime you login into the Microsoft Teams. Once you confrim the particiation, we will create username and password for the staff members. on 3rd – 4th October, 2024 we will have a free orientation on how to attend the Training Course Online. For more information Call/WhatsApp Mrs Alisha Varadani on +919811020091

Tailor- Made

This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our Training Centre or at any convenient location. For further inquiries, please contact us on rwanda@academicsummit.org